According to my own research, I believe Betmakers is now at the point at which it would be operationally cash flow positive. And given this, I feel the SP is at bargains levels and that the current SP is seriously undervalued.
What metric would you use to determine a fair value for a cashflow positive business?
I believe too, that is therefore valuable as an investment for individual shareholders, and would/will soon be attracting attention of institutional investors and larger businesses wanting to increase their depth of investment/service offerings in betting related activities. In fact, a number of larger companies already are customers of BET, and should they wish to bring this service in house -- Bet could make a wise investment.
Any other thoughts out there regarding how the now (likely) scenario is that the business is cash flow positive?
Cheers,
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Last
9.1¢ |
Change
0.003(3.41%) |
Mkt cap ! $87.82M |
Open | High | Low | Value | Volume |
9.0¢ | 9.1¢ | 8.8¢ | $17.22K | 191.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1668 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.1¢ | 46468 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1668 | 0.088 |
5 | 313911 | 0.085 |
1 | 12000 | 0.083 |
1 | 585 | 0.082 |
2 | 115000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.091 | 46468 | 2 |
0.093 | 99039 | 1 |
0.094 | 29758 | 2 |
0.095 | 50500 | 3 |
0.096 | 300000 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
BET (ASX) Chart |
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