That's a crazy set of numbers for a huge growth company. Cash flow positive with 110m in the bank and no debt. Another big one to note is the growth in the Platforms & Managed Trading Services. It's currently representing a big portion of their revenue and that's from 10 brands most of us have never heard of like Realbookie & PicnicBet. Imagine how profitable that department will be if the likes of a Foxbet (as has been heavily suggested) signs on. I think there's also a huge misunderstanding of how the fixed odds will work in the US. BET will be taking a % of all fixed odds turnover placed by bookmaker's located in the US, but they'll also get a % of fixed odds turnover if any customer anywhere else in the world places a bet on New Jersey races. The upside here is astronomical and it's only a few weeks away from starting to generate revenue.
The shorters have been taking this for an absolute ride over the last few months. Already you've seen posts as soon as this was released trying to suppress the price. Don't let their fear win, this will surge and surge hard very soon. I personally hope the group shorting it take some big losses along the way.
- Forums
- ASX - By Stock
- BET
- Ann: Quarterly Activities Report and Appendix 4C
Ann: Quarterly Activities Report and Appendix 4C, page-16
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add BET (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.0¢ |
Change
-0.002(2.44%) |
Mkt cap ! $77.20M |
Open | High | Low | Value | Volume |
8.2¢ | 8.3¢ | 8.0¢ | $107.8K | 1.324M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 641390 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 121963 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 619313 | 0.080 |
5 | 166658 | 0.079 |
7 | 318951 | 0.078 |
4 | 497849 | 0.077 |
2 | 15800 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 121963 | 1 |
0.086 | 137500 | 2 |
0.087 | 177000 | 2 |
0.088 | 470317 | 4 |
0.089 | 1044000 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
BET (ASX) Chart |