This business is toast. It's got virtually no sports betting income, nor any gaming income. It's also has very low brand recognition, there is no chance for them to box their way out of this.
All of it's competitors have mature online gaming offerings outside of Australia which represents varying degrees of their total revenue (30%-62%) whether it be online poker, casino, bingo etc which will help offset the loss of live sports markets.
Just bought a nice parcel in the $1.701, page-36
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Last
52.5¢ |
Change
-0.005(0.94%) |
Mkt cap ! $173.9M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.5¢ | 50.0¢ | $1.710M | 3.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 48648 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 808 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PBH (ASX) Chart |