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An announcement from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.
betr Entertainment Limited is engaged in an off-market takeover bid to acquire all shares of PointsBet Holdings Limited that it does not already own. The company has addressed concerns raised by PointsBet regarding its financial position and ability to proceed with a Selective Buy-Back, confirming it has obtained necessary consents and has a solid cash position to support its strategic moves.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.46 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
More about BlueBet Holdings Ltd.
Average Trading Volume: 770,972
Technical Sentiment Signal: Sell
Current Market Cap: A$289.8M
Learn more about BBT stock on TipRanks’ Stock Analysis page.