Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from BlueBet Holdings Ltd. ( (AU:BBT) ).
Betr Entertainment Ltd, a company listed on the ASX, is making a takeover bid for PointsBet Holdings Limited, also listed on the ASX. Betr has reported a change in its substantial holding in PointsBet, maintaining a 19.6% voting power. This move signifies Betr’s strategic interest in expanding its influence within the betting industry, potentially impacting market dynamics and stakeholder interests.
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.
Average Trading Volume: 749,218
Technical Sentiment Signal: Sell
Current Market Cap: A$251.3M
Learn more about BBT stock on TipRanks’ Stock Analysis page.