Pointsbet are STILL committed to 50m USD on NBC related marketing p.a...... on tv marketing alone
that's 74m AUD p.a
for a 380m company, they have committed to almost 20% of the companies entire worth on tv ads
worse than that, it is more like 26% of their current cash reserves.
in the current environment, is that prudent? is that sensible ?
how are shareholders not voicing their concerns more
what good moves have the current board made ?
they have continued to navigate this company toward failure and no sense of slowing down or redirecting ....
Pointsbet are STILL committed to 50m USD on NBC related...
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