It costs money to expand and gain market share. I would rather they spend now early on so that they have a bigger slice down the track, then earnings will catch up to their marketing spend. Would you suggest they do zero marketing and just hope that they grow by word of mouth?
PointsBet Q3 Earnings, page-37
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Last
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.1M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $196.5K | 425.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20585 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 20000 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |