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PointsBet Holdings ( (AU:PBH) ) just unveiled an update.
PointsBet Holdings Limited, a company listed on the ASX, is currently the target of a takeover bid by betr Entertainment Ltd, another ASX-listed company. This notice of change in interests indicates that betr has become the registered holder of additional shares in PointsBet, maintaining its voting power at 19.6%. The acquisition of shares is part of betr’s strategic move to solidify its position in the market by acquiring a significant stake in PointsBet.
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
Average Trading Volume: 993,108
Technical Sentiment Signal: Buy
Current Market Cap: A$399.2M
For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.