Sounds like you are not happy about the stock going up.?? People do not understand that Bluebet have a only little more than 1% of the Australian market. Becoming a public company puts them on the radar then add their name income generating US business.
As we all know constant good news often drives the share price of a small cap. We will continue to get constant good news like
- new US licences
- growth in market share
- exposure during the spring carnival
Betting is a simple business but very very scaleable so the US income will be cream. I also know that Bluebet has some of the biggest punters on their books. They provide a very personal service for the big punters as they are small enough to be able do this. Also Covid is resulting in more people betting.
The float price looked ridiculously cheap to me. Will the price pull back ? Maybe but not much I think, but this is subject to the market holding up of course.
I should be employed by Bluebet as their spruiker.!
DYOR.
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $127.3M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 22.5¢ | $57.86K | 251.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 32530 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 10631 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 26621 | 0.220 |
2 | 68366 | 0.215 |
1 | 25000 | 0.195 |
1 | 139042 | 0.190 |
2 | 121276 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 10631 | 2 |
0.235 | 70000 | 2 |
0.250 | 27147 | 2 |
0.260 | 199190 | 2 |
0.270 | 44444 | 1 |
Last trade - 15.07pm 04/10/2024 (20 minute delay) ? |
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