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Betmakers Technology Group ( (AU:BET) ) has shared an announcement.
BetMakers Technology Group Limited has announced a Share Purchase Plan (SPP) aimed at raising $1,000,000, with shares priced at $0.10 each, representing a 9.9% discount to the recent average trading price. The SPP is open to eligible shareholders in Australia and New Zealand, offering investment parcels ranging from $2,500 to $30,000. This initiative is designed to provide shareholders with an opportunity to increase their investment in the company, potentially strengthening BetMakers’ market position and financial stability.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.20 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 operates in the technology sector, focusing on providing advanced wagering products and services. The company is primarily engaged in the development and distribution of software and data products for the betting industry, with a market focus on enhancing the betting experience for stakeholders in Australia and New Zealand.
Average Trading Volume: 1,142,432
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$106.4M
See more data about BET stock on TipRanks’ Stock Analysis page.