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Ainsworth Game Technology ( (AU:AGI) ) just unveiled an update.
Ainsworth Game Technology has announced that the Supreme Court of New South Wales has approved the convening of a Scheme Meeting as part of a proposed acquisition by Novomatic AG. The Scheme involves Novomatic acquiring all shares in Ainsworth that it does not already own. The Scheme Booklet, which includes an independent expert’s report deeming the Scheme fair and reasonable, has been registered with ASIC. The Independent Board Committee recommends shareholders vote in favor of the Scheme, which includes a Permitted Dividend of $0.19 per share, conditional on the Scheme’s effectiveness and ATO’s approval.
The most recent analyst rating on (AU:AGI) stock is a Hold with a A$0.90 price target. To see the full list of analyst forecasts on Ainsworth Game Technology stock, see the AU:AGI Stock Forecast page.
More about Ainsworth Game Technology
Ainsworth Game Technology is a company operating in the gaming industry, primarily focused on the development and manufacturing of gaming machines and related technology. The company targets the global gaming market, offering a range of products designed to enhance the gaming experience.
Average Trading Volume: 451,528
Technical Sentiment Signal: Buy
Current Market Cap: A$326.7M
See more insights into AGI stock on TipRanks’ Stock Analysis page.