It's really struggling to break the .155 - .160 resistance. BET's competitors are trading many times multiples of what this stock is trading at. https://www.morningstar.com/stocks/xasx/bet/analysis TAH - $4.50, JIN - $15, PBH - $5.25. Granted, BET's market cap is $73 million vs $100's of millions for the others though. It also doesn't help that they haven't been profitable yet. Saving grace is that they don't have long term loans and it's seems that they are managing their money much better now and hopefully with this deal with racing Victoria, they might be posting a profit and increase their market cap. Definitely a buy and hold from me.
Love to hear your analysis.
Bet chart, page-3
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