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betr Entertainment Challenges Exclusion of Vote in PointsBet Scheme

Story Highlights
  • betr Entertainment is a digital wagering operator focused on the Australian market.
  • betr challenges the exclusion of its vote in PointsBet’s scheme and plans a takeover offer.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
betr Entertainment Challenges Exclusion of Vote in PointsBet Scheme

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BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an update.

betr Entertainment Limited has raised concerns over the exclusion of its proxy vote against the MIXI scheme resolution at a PointsBet meeting, asserting that the vote was validly lodged. The company is preparing an unconditional takeover offer directly to PointsBet shareholders and plans to disclose further details soon.

The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 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 is a digital wagering operator listed on the Australian Securities Exchange, focusing solely on the Australian wagering market. It is led by a world-class board with prominent figures in the Australian wagering industry, including Matthew Tripp and Michael Sullivan, and is supported by a highly experienced management team.

Average Trading Volume: 623,838

Technical Sentiment Signal: Sell

Current Market Cap: A$307.7M

For an in-depth examination of BBT stock, go to TipRanks’ Overview page.

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