Australia's largest stock trading and investment forum Australia's #1 stock forum

BET

2.44%

8.0¢ betmakers technology group ltd

Best post on this thread in quite a while....

First 27 Last

Share
Profile

Follow
flukeymg

1,411 Posts.

104

28/10/21

18:11

Post #: 57155312
Share

Originally posted by steve10: ↑

When SP peaked at $1.60 = $1,372.15M MC - $125.8M cash* = $1,246.35M / $20.8M revenue run rate* = x59.9 multiple.
*Cash & revenue run rate via Q3 FY21 4C

SP then bottomed at 85c = $728.95M MC - $125.8M cash = $603.15M / $20.8M = x29 multiple.

The Q4 FY21 4C was then released showing $35.6M revenue run rate & $120.6M cash resulting in the SP rising to $1.38.

At $1.38 SP = $1,183.5M MC - $120.6M cash = $1,062.9M / $35.6M = x29.8 multiple.

SP then dropped to $1.035 = $887.6M MC - $120.6M cash = $767M / $35.6M = x21.5 multiple.

After the Q1 FY22 4C showing $84M revenue run rate & $108.8M cash the revenue multiple is very low.

$990.5M MC - $108.8M cash = $881.7M / $84M = x10.5 multiple.

The SP will move sooner or later back to the x20-30 range.

$84M x 21.5 similar to the prior low = $1,806M + $108.8M cash = $1,914.8M MC or about $2.23 SP.

$84M x 30 = $2,520M + $108.8M = $2,628.8M MC or about $3.06 SP.

Allowing for 10% QOQ growth the $21M will be $30.75M in Q1 FY23 x 4 = $123M revenue run rate.

$123M x 20 = $2,460M + $90M cash = $2,550M MC or about $2.97 SP.

$123M x 30 = $3,690M + $90M cash = $3,780M MC or about $4.40 SP.

SP is currently undershooting & can possibly overshoot the x20-30 range. It got as high as x59.9 during SP peak.

$990.5M MC currently - $108.8M cash = $881.7M / $123M revenue run rate in 12 months = x7.1 & it should be somewhere between x20-30 thus there is x3-4 upside during next 12 months.

Expand

Best post on this thread in quite a while....

BET Price at posting: $1.16 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BUX

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

There are more pages in this discussion • 8 more messages in this thread...

First 27 Last

Add BET (ASX) to my watchlist

(20min delay)
Last 8.0¢		Change -0.002(2.44%)		Mkt cap ! $77.20M

Open	High	Low	Value	Volume
8.2¢	8.3¢	8.0¢	$107.8K	1.324M

Buyers (Bids)

No.	Vol.	Price($)
15	641390	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	121963	1

View Market Depth

No.	Vol.	Price($)
13	619313	0.080
5	166658	0.079
7	318951	0.078
4	497849	0.077
2	15800	0.076

Price($)	Vol.	No.
0.082	121963	1
0.086	137500	2
0.087	177000	2
0.088	470317	4
0.089	1044000	2

Last trade - 16.10pm 04/10/2024 (20 minute delay)

BET (ASX) Chart

Best post on this thread in quite a while....

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Best post on this thread in quite a while....

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News