BET 2.22% 9.2¢ betmakers technology group ltd

I think you guys may be a bit overstating cash burn issues...

  1. 344 Posts.
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    I think you guys may be a bit overstating cash burn issues arising. The marketing and advocating of its global tote will of course churn through the cash as will gearing up staff and faculty wise for busier times.
    I agree that watching the licence process is greatly important to meeting cash requirements going forward but hope that like earlier rejection then acceptance after resubmitting, that this will be a speed bump on the road to much higher revenues and ultimately excellent returns.
    Tbh has awesome growth prospects and sp bounces higher easily on good news every time. If they need to raise some operating cash in 2 months time the market will accept it and react on growth news as it does.
    Gltah
 
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