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PointsBet Holdings ( (AU:PBH) ) has provided an announcement.
betr Entertainment Limited has raised concerns over the exclusion of its proxy vote against the MIXI scheme resolution at a PointsBet meeting. The company asserts that its vote was validly lodged and expects a recount to include its vote. If not rectified, betr plans to challenge the exclusion in court. Meanwhile, betr is preparing an unconditional takeover offer for PointsBet shareholders, with more details to be announced soon.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
betr Entertainment Limited is a digital wagering operator listed on the Australian Securities Exchange, focusing exclusively on the Australian wagering market. The company is led by a world-class board with prominent figures in the Australian wagering industry, Matthew Tripp and Michael Sullivan, and has a highly experienced management team.
Average Trading Volume: 1,064,422
Technical Sentiment Signal: Buy
Current Market Cap: A$394.8M
See more data about PBH stock on TipRanks’ Stock Analysis page.