BET 2.44% 8.0¢ betmakers technology group ltd

Ann: Quarterly Activities Report and Appendix 4C, page-20

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  1. 360 Posts.
    lightbulb Created with Sketch. 95
    Agree.....very little risk with a company that is funding all of its growth out of cash flow and is still increasing their bank balance.

    Compare BET to the Bookmaker stocks like PointsBet etc......their spend on marketing is astronomical.

    BET can continually grow at over 100%pa and still post a profit every quarter from here on in.

    They don't need to buy anymore companies and continue to have the ability to generate unlimited organic growth.

    What a stock!!....who cares what the price is today.....markets just doing what markets do......the growth stocks that are at most risk currently are the cash flow negative stocks that continually burn their existing cash holdings. ie cash raising will significantly dilute shareholders due to share price being low and interest rate hikes are making debt expensive.

    There will come a time when investors start to get their heads around the massive difference between BET and bookmaker stocks.

    BET is the expressway of the gambling industry......just charging punters as they drive through!!

 
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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
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