PBH Charts, page-780

have to chuckle at the market sometimes...

when 70% of the register is retail you have to expect wild volatility and at times, irrational prices , both highs and lows.

3.99 at one point today, which is 1.05bn valuation.

525m cash as at 31 dec
so 525m for the business.....

if PointsBet Australia business keeps tracking well that in isolation could well be worth that figure in 12 months time.

so whats the US and Canada business worth ?

zero according to the market. its ludicrous.

HG Vora still at 10% hold , and Penn at 6% , they wont sit idle if the price stays this low for too long, but, as i have said previously, i think they are both the main reason why we are at 4