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
8.1¢ |
Change
-0.002(2.41%) |
Mkt cap ! $78.17M |
Open | High | Low | Value | Volume |
8.2¢ | 8.2¢ | 8.1¢ | $28.49K | 348.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18637 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 93980 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18637 | 0.081 |
4 | 181056 | 0.080 |
6 | 357198 | 0.079 |
3 | 360188 | 0.078 |
7 | 339035 | 0.077 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 93980 | 3 |
0.084 | 19338 | 2 |
0.085 | 77000 | 2 |
0.086 | 107238 | 2 |
0.088 | 45000 | 1 |
Last trade - 15.54pm 02/08/2024 (20 minute delay) ? |
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