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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Open | High | Low | Value | Volume |
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10 | 703499 | 0.080 |
2 | 56500 | 0.079 |
3 | 144720 | 0.078 |
1 | 70000 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 47794 | 1 |
0.084 | 138211 | 3 |
0.085 | 45305 | 2 |
0.086 | 10751 | 3 |
0.087 | 417 | 1 |
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