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BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an announcement.
betr Entertainment Limited has announced an extraordinary general meeting for its shareholders to discuss several key resolutions, including a proposed share issue, a selective buy-back, and a refresh of the company’s placement capacity. The board has unanimously recommended that shareholders vote in favor of all resolutions, highlighting that the selective buy-back will not materially affect the company’s ability to pay creditors. An independent expert has deemed the buy-back and MIXI’s participation in it as fair and reasonable. Shareholders are encouraged to read the full notice of the meeting to understand the implications of their votes.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 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.
betr Entertainment Limited (ASX:BBT) is a pure-play digital wagering operator listed on the Australian Securities Exchange, focusing solely on the Australian wagering market. The company is led by a world-class board with prominent figures from the Australian wagering industry, including Matthew Tripp and Michael Sullivan, and is supported by a highly experienced management team.
Average Trading Volume: 908,781
Technical Sentiment Signal: Sell
Current Market Cap: A$307.7M
For detailed information about BBT stock, go to TipRanks’ Stock Analysis page.