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
51.0¢ |
Change
0.010(2.00%) |
Mkt cap ! $166.0M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 52.5¢ | 50.0¢ | $859.6K | 1.671M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21759 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 38806 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
51.0¢ |
Change
0.010 ( 2.57 %) |
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| Open | High | Low | Volume | ||
| 50.3¢ | 52.5¢ | 50.3¢ | 573116 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| PBH (ASX) Chart |