I'm a big fan of $BET but your financial understanding is clearly off. Revenue and P/E are two completely different things, for us to have a P/E of 14.5 we would need annual revenue to be 10-15x current level, we will be fortunate to have a EBIT of a few million this year (Our P/E will be in the 100s)
However, in saying this long term, if we are able to successfully get a large chunk of the US market we will have some much better ratios!
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Last
10.0¢ |
Change
0.009(9.89%) |
Mkt cap ! $97.01M | |||
| Open | High | Low | Value | Volume |
| 9.1¢ | 10.3¢ | 9.1¢ | $1.476M | 15.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 426559 | 1 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| BET (ASX) Chart |