BET 0.00% 8.1¢ betmakers technology group ltd

Bet your shorts, page-2735

  1. 597 Posts.
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    Hey team is a response from Matt when i emailed him directly on BET

    AS you will read it is general but at least it was a response to a share holder.

    The first email simply stated their intentions to continue with becoming a positive business over the coming time however when pushed on a couple of questions he responded well

    Nothing market sensitive but still nice that he took the time to respond

    I am hoping we are seeing the last of the shake down and a positive quarterly helps push this back up

    heres to hoping





    Hi Alex,

    In regards to your specific questions:

    A) will you commence the buy back
    BET: No, not at this stage. In a rising interest rate environment we think the value of cash on our balance sheet will only increase and we need the flexibility to take advantage of interesting accretive opportunities as they present. I am mindful of the limited positive impact the buyback had on our share price previously and believe the real results lie in demonstrating profitable operations and top line revenue growth, all of which management and the company are focused on.

    B) when to expect the quarterly and if it is on track as per your last update
    BET: Generally we issue our quarterly in the last week of the month.

    C) Betr and the rumours surrounding it.
    BET: There’s certainly been a lot of press around the subject however we are not in a position to comment on either PBH or Betr.
    Cheers,
    Matt

    Matt Davey

    Executive Chairman

    Image
    BetMakers Technology Group

 
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