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,
- Forums
- ASX - By Stock
- Undervalued Cash flow positive business
According to my own research, I believe Betmakers is now at the...
-
- There are more pages in this discussion • 398 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BET (ASX) to my watchlist
|
|||||
Last
9.0¢ |
Change
-0.004(4.26%) |
Mkt cap ! $86.86M |
Open | High | Low | Value | Volume |
9.2¢ | 9.4¢ | 8.9¢ | $119.1K | 1.318M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 319375 | 9.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.2¢ | 47792 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33 | 0.091 |
3 | 319375 | 0.090 |
2 | 36767 | 0.089 |
2 | 220000 | 0.088 |
1 | 68380 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 48 | 1 |
0.094 | 146771 | 3 |
0.095 | 143249 | 5 |
0.096 | 100000 | 1 |
0.097 | 8880 | 1 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
Featured News
BET (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online