Business
Is it too late to buy the Pointsbet share price? – Motley Fool Australia
The Pointsbet Holdings Ltd (ASX: PBH) share price rocketed 86.7% higher on Friday. Is the ASX betting share still in the buy zone?
The Pointsbet Holdings Ltd (ASX: PBH) share price is on fire right now. In fact, shares in the Aussie wagering group rocketed an astonishing 86.7% higher on Friday.
Why did the Pointsbet share price rocket higher?
The major trigger was Pointsbet’s full-year results announcement on Friday morning.
Total revenue for the wagering group rocketed 194% higher to $75.2 million in a breakout year.
Pointsbet reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $6.9 millio…
-
General18 hours agoMore buses without dedicated lanes likely after Gold Coast light rail plan scrapped
-
Business22 hours agoTesla just offered Elon Musk $1 trillion. Here’s what it could mean for the company.
-
Noosa News20 hours agoStolen truck chase ends in arrest after chaotic three-hour pursuit from Brisbane to Tiaro
-
Noosa News17 hours agoBrisbane kindergarten thrown into chaos amid bitter dispute