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The latest update is out from Betmakers Technology Group ( (AU:BET) ).
BetMakers Technology Group will release 7,894,737 fully paid ordinary shares from voluntary escrow on 10 April 2026, in line with ASX Listing Rule 3.10A. These escrowed shares were issued in April 2024 as the second and final tranche of deferred consideration for the acquisition of ABettorEdge Pty Ltd, trading as Punting Form.
The escrowed shares account for about 0.7% of BetMakers’ total issued share capital, indicating a relatively modest potential increase in freely tradable stock. Following this release, the company will have no securities remaining under escrow, simplifying its capital structure and potentially improving share liquidity for investors.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.24 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 is a Melbourne-headquartered, ASX-listed provider of B2B wagering technology, advanced informatics, and racing services. The company supplies pari-mutuel and fixed-odds solutions, managed trading services, enhanced data and digital wagering platforms to licensed wagering operators and bookmakers in more than 30 countries, serving rightsholders and racetracks globally.
Average Trading Volume: 1,377,970
Technical Sentiment Signal: Hold
Current Market Cap: A$184.8M
Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.