Market seems to think BET is heading on the right pathAny views on quarterly ?
How the heck are betr simply able to walk away 2yrs into a 10yr commitment without paying a break fee?The market has answered my question
Still doing deals for mates.How the heck are betr simply able to walk away 2yrs into a 10yr commitment without paying a break fee?
Think of the upfront $30M payments to Tripp, development costs and time spent supporting betr while they were running promotions to build their customer base but generating little in the way of net gaming revenue.
Yeah, it’ll be interesting to see how Davey responds. It’ll be more than a little suspicious if Todd isn't sacked and/or an attempt isn’t made to claw back some of Tripp’s payment.Still doing deals for mates.
Tripp should have never got anything upfront. TB and Jake have to be the stupidest businessmen in Australia to agree to that - or the alternative is much worse.
Normally you will have to hit milestones each year - e.g. x amount of revenue generated gets you a certain bonus and maybe you have 3 tiers that are possible.
Even if it is a better deal, why wouldn’t the board demonstrate that it acts in the interest of shareholders, rather than giving mates handouts, sacking Todd and/or an attempting to claw back some of Tripp’s payment?Maybe who cares about Tripp, perhaps the new agreement signed today, is way more important in providing a much larger global footprint, then the over subscribed Australian market. I say just another brick in the wall for Bet
I wondered this the other day too. But it doesn't look like shorts have changed much.Anyone got an update on the amount of shares are still shorted on BET.
Do we think the recent share price rise is a got a lot to do with Shorters closing their position prior to the quarterly result being announced??
Looks like the graph is up until the 17th April and price jump was probably more after thatI wondered this the other day too. But it doesn't look like shorts have changed much.
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