BET Ann: BetMakers executes strategic operational restructure - 31st May 2023, 8:30am

[annb0t]

BET Ann: BetMakers executes strategic operational restructure
Price Sensitive: Y
Date: 31st May 2023, 8:30am

>>> Read announcement: Google: BET Market Announcements

 

[Ibetfixed]

BET Ann: BetMakers executes strategic operational restructure
Price Sensitive: Y
Date: 31st May 2023, 8:30am

>>> Read announcement: Google: BET Market Announcements

Should mean with $100millpa revenue .. as a minimum .. should be making $30mill profit pa.

 

[Lattelarry]

next FY though

 

[maggies22]

And it’s go time…. Good to watch … someone’s pressed the button. Maybe Davey?!

 

[RHINO]

And it’s go time…. Good to watch … someone’s pressed the button. Maybe Davey?!

I've gone the crow way too early too many times on this thing ,and ended up with egg all over my face but surely with new management. a clear and defined path to profit and the potential of the USA markets, this must be the turnaround we have all been waiting for.
I'm a technical over fundamentals kinda guy but there is no way you could have used technical analysis on this thing with the utter blatant short selling and manipulation that has been going on.
As Geoff Toovey would say, for those who are league followers, there's got to be an investigation!
It will be interesting to see the not too subtle down ramper on here and how the response is formulated.
It will be a long road back , but its heading in the right direction.

 

[Lattelarry]

I've gone the crow way too early too many times on this thing ,and ended up with egg all over my face but surely with new management. a clear and defined path to profit and the potential of the USA markets, this must be the turnaround we have all been waiting for.
I'm a technical over fundamentals kinda guy but there is no way you could have used technical analysis on this thing with the utter blatant short selling and manipulation that has been going on.
As Geoff Toovey would say, for those who are league followers, there's got to be an investigation!
It will be interesting to see the not too subtle down ramper on here and how the response is formulated.
It will be a long road back , but its heading in the right direction.

If they can cut costs the way they have said and deliver a $20m+ profit next year it should shoot up.
I think the market has been worried with their high spending this last FY that they were on a path to run out of cash.

 

[Uraniborg]

I've gone the crow way too early too many times on this thing ,and ended up with egg all over my face but surely with new management. a clear and defined path to profit and the potential of the USA markets, this must be the turnaround we have all been waiting for.
I'm a technical over fundamentals kinda guy but there is no way you could have used technical analysis on this thing with the utter blatant short selling and manipulation that has been going on.
As Geoff Toovey would say, for those who are league followers, there's got to be an investigation!
It will be interesting to see the not too subtle down ramper on here and how the response is formulated.
It will be a long road back , but its heading in the right direction.

I wonder if I’m the down tamper to whom you refer?
Still don’t fully trust them, but i thought it was worth buying back in on the strength of that announcement.

 

[Lattelarry]

Nick didn't seem to do anything when chairman

 

[Lattelarry]

Look at the position descriptions!!!……too many Chiefs and not enough indians
View attachment 38635
View attachment 38636

Too many chiefs and Indians. But yeah crazy amount of chiefs for a company of this size.

Not sure why they are still paying Bucko? Has he brought in 1 dollar of growth since moving to this position?

Someone posted a photo of him with Jake in the US a month or 2 ago and he looked dreadful.

 

[RHINO]

Only another trading week to go before we draw the line on Qtr 4. We can then wait and see if they have turned this thing around on the P/L side.
The downward pressure has just been relentless. Whoever is orchestrating the push is like a bulldog with a bone, just wont give it up.
This is the person you want running new business for BET. Bucko is just taking up space on huge money I would suspect.
I think Bucko needs to get on to Mad Dog up at Newcastle and "shake it up" on the Manshakes!!!

 

[Ibetfixed]

Davey will get this ship back on track, the ladies have skills to help but we need to cut the fake news guys and get some respected Global Wagering Execs….

…….and the Buck needs to stop here!!!
View attachment 38638

Good to see that you are still alive and kicking .. Reg . Have a great weekend believers

 

[Uraniborg]

Look at the position descriptions!!!……too many Chiefs and not enough indians
View attachment 38635
View attachment 38636

Did the org chart's higher levels change as part of the recently announced transformation?

 

[Ibetfixed]

Does anyone think that there would be any reason that BET isn’t receiving the minimum annual payment of $7.5mill from BetR ? Or are we confident that these payments per the deal agreed are being received???

 

[Lattelarry]

Does anyone think that there would be any reason that BET isn’t receiving the minimum annual payment of $7.5mill from BetR ? Or are we confident that these payments per the deal agreed are being received???

Given how much Tripp was paid they Betr be getting paid!

 

[maggies22]

Couple of deals/ renewals announced with Dabble and Parx (New Jersey)