Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
An update from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.
betr Entertainment Limited has announced its intention to make an off-market, all-scrip takeover offer for PointsBet Holdings Limited, offering 3.81 betr shares for each PointsBet share. This proposal, which includes a selective buy-back option for cash liquidity, aims to consolidate value in the Australian wagering sector and promises significant value creation for PointsBet shareholders through anticipated synergies and future growth opportunities.
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 company operating in the Australian wagering sector, focusing on digital wagering services. It aims to leverage industry-leading expertise and a strong management team to deliver value and leadership within the market.
Average Trading Volume: 584,415
Technical Sentiment Signal: Sell
Current Market Cap: A$276.9M
For an in-depth examination of BBT stock, go to TipRanks’ Overview page.