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Expanded sports wagering options could take place at additional locations or online. A company’s cash position can be used as a ‘cashback’ offer while buying shares of a company. For example, a cash balance of Rs 3 per share of a company whose shares are currently being traded at a price of Rs 10 per share effectively results in the net price of Rs 7 per share. So, investors are paying a much lower price for this company than an identical company with no cash balance. Continue reading