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
8.6¢ |
Change
-0.006(6.52%) |
Mkt cap ! $83M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.5¢ | $61.29K | 712.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 111889 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11889 | 0.086 |
3 | 201442 | 0.085 |
3 | 158361 | 0.084 |
3 | 127000 | 0.083 |
2 | 128051 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 7500 | 1 |
0.092 | 10835 | 1 |
0.093 | 3633 | 1 |
0.094 | 90000 | 1 |
0.095 | 158369 | 3 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
8.7¢ |
  |
Change
-0.006 ( 2.35 %) |
|||
Open | High | Low | Volume | ||
8.7¢ | 8.8¢ | 8.5¢ | 354826 | ||
Last updated 15.56pm 14/06/2024 ? |
Featured News
BET (ASX) Chart |