RE:RE:RE:Breakthrough I think, on balance, that I agree with Monopoly on this one. WIthout doubt, the stock is in that weird place where it is still an unknown (venture exchange!) speculative growth stock.
On a fundamentals basis, i can see the justification for it sitting here for a while, sure. But speculative growth stocks like this one are a different animal, perhaps a unicorn. It can be argued that it is sitting squarely in three hot growth areas. The first is obvious, sports betting. The second has been noted, esports. The third is long forgotten in these discussion but still no less real, new media (i get most of my media through apps like thescore these days, versus a minority only a year or so ago. We forget how the betting will also drive new users to thescore sports app, thus more revenue there).
So as the story gets out more I expect to see the valuation leave fundamental analysis get valued in accordance with expectations, be they realistic or unrealistic. For now, i think the current value is less than one could expect realistic speculative expectations to be.