I did quite a bit of research on PBH before buying lately, the cash in the bank and expansion into markets particular in Canada and New York position it to be a betting powerhouse...It does appear some takeover activity on the cards, i believe averaging down every time it hits a new low is a winning strategy, ask me again 6 months later.
The fact is there is a limit to how far it can fall given the bank balance, having raised money at $10 and $8. This is how I made money on GXY as well, when the games are being played, just keep accumulating.
Shareholders only going to get 'burnt' if your average buy price remains around $10 etc. Current market cap is peanuts, this is the stock I am most optimistic about going forward. Just got to wait for hit to hit my targets before pulling the trigger on more buys.
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I did quite a bit of research on PBH before buying lately, the...
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.8M |
Open | High | Low | Value | Volume |
46.5¢ | 47.5¢ | 46.5¢ | $188.6K | 403.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 173825 | 46.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 271280 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 173825 | 0.465 |
10 | 307545 | 0.460 |
3 | 7598 | 0.455 |
13 | 76378 | 0.450 |
1 | 1500 | 0.445 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 271280 | 3 |
0.475 | 49753 | 4 |
0.480 | 16206 | 7 |
0.485 | 145556 | 3 |
0.490 | 6383 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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PBH (ASX) Chart |