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Betmakers Technology Group ( (AU:BET) ) has issued an update.
BetMakers Technology Group has issued 1,688,000 fully paid ordinary shares following the conversion of an equivalent number of vested performance rights granted under its employee incentive plan. The company confirmed that the new shares were issued without a disclosure document under the Corporations Act, stated it is in compliance with its financial reporting and continuous disclosure obligations, and indicated there is no undisclosed information material to assessing the company or the rights attached to the new shares, signalling a routine capital management and employee remuneration event rather than a change in strategic outlook.
The most recent analyst rating on (AU:BET) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
More about Betmakers Technology Group
BetMakers Technology Group Limited is an Australian-listed company operating in the wagering and betting technology sector. It provides technology and services that support bookmakers and racing and sports betting operators, focusing on data, wagering solutions and related infrastructure for the global betting industry.
Average Trading Volume: 1,750,688
Technical Sentiment Signal: Hold
Current Market Cap: A$206.9M
For detailed information about BET stock, go to TipRanks’ Stock Analysis page.