as shitty as this price action is, PBH is not going to zero.
cash backing is probably $1.10 ish as of 31 Dec.
the Oz buz could very easily be sold for 200m to 300m, big range, but in a fire sale they would get the bottom end of that in an instant.
they should do a sale asap imo and get the bank bal bCk up toward 500mil
at what price does Penn or Fanatics say f* it just buy them.
Fantatics has less than 5 state licenses, one way to fast track that, get 15 in one gulp, buy PointsBet
so at what price does some meaningul corporate activity kick in ????
with a market cap of 500mil (1.65) surely its now ish, value terms we are starting to scrape the barrel here
sometimes when it feels like the world is caving in, thats when the best time is to buy, that might be right now
Pick the bottom, page-56
Add PBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
88.5¢ |
Change
0.050(5.99%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 89.8¢ | 82.5¢ | $1.601M | 1.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14669 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 320 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PBH (ASX) Chart |