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The latest update is out from BlueBet Holdings Ltd. ( (AU:BBT) ).
betr Entertainment Limited has completed a selective buy-back of 127,029,704 fully paid ordinary shares at a fixed price of $0.32 per share, totaling $40,649,505.28. This strategic move will result in the cancellation of the bought-back shares, potentially impacting the company’s share structure and market positioning.
The most recent analyst rating on (AU:BBT) stock is a Hold with a A$0.50 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 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 in the Australian wagering industry, including Matthew Tripp and Michael Sullivan, and has a highly experienced management team.
Average Trading Volume: 495,428
Technical Sentiment Signal: Sell
Current Market Cap: A$274.4M
For a thorough assessment of BBT stock, go to TipRanks’ Stock Analysis page.