bets by years end, page-18

hey clint

hang in there mate

an email replied from them recently
stating
- sportsbet timeframe 6-9 months
- they believe there wont be much movement in the shareprice until they are cashflow positive (as a reflection of general market conditions) I think that there are only about 400k of shares on the table anyway which equates to a about $25-30k
remember only 110m available. so when it levels up on the cash flow it will start to move and i believe considerably
- they are working hard on Unitab and other broadcasters

I always find them to be non speculative with a bit of confidence in what they are up to, no panic, low profile, never over expecting on results. Whats more he always has the decency to respond in a few days. The few companies i have contacted either sound like they are spruiking or they dont get back to you at all, so this lot particularly Ben Reichel bring a nice change.
My opinions are
- that there is something before Xmas - some language used in one of the recent reports AGM or BRR alluded to such.
- that the commission is in fact higher than 2%. The actual details are not available, but i know the TAB will encourage users to move away from phone and outlet operations for staffing reasons

cheers mate