MM’s thoughts on PBH & DUB

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Question asked 11/06/2022

MM’s thoughts on PBH & DUB

Both pointsbet and dubber have pulled back significantly and I'm enquiring how you are looking at managing these moving forward. Pointsbet is gaining licenses in a large competitive US market but costs are under pressure given the focus is on value versus growth. What do you see as the next catalyst for this. Similarly with Dubber its come down from $1b market cap to $300m - how would you value it here - would you consider averaging down or looking to exit on an uplift? Nathan

Answer

Hi Nathan,

Pointsbet (PBH) has a big cash balance which is now a very large percentage of their market cap. DUB also holds a large pile of cash which we think underpins both stocks i.e. they will make it through. We still like both with a preference for DUB.

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Dubber (DUB)

LAST UPDATED 11/06/2022 10:03

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