Stars Group just acquired the 20% they didn't already own in BetEasy for $250m (included performance awards to local management). BetEasy and PointsBet at different stages of their life cycles but interesting to compare the perceived value of 20% stake in a online bookmaker in a mature market versus what paying for PointsBet which has a lot of upside in US *if* they can capture market share. Big question is if and what it costs to do so!
BetEasy comparison
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 (20min delay)
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Last
51.5¢ |
Change
0.005(0.98%) |
Mkt cap ! $167.6M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 50.0¢ | $625.8K | 1.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77802 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 6922 | 1 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
51.5¢ |
Change
0.005 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| 52.0¢ | 52.5¢ | 50.0¢ | 320397 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| PBH (ASX) Chart |