tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

betr Entertainment Updates Shareholders on Increased Offer Consideration

Story Highlights
betr Entertainment Updates Shareholders on Increased Offer Consideration

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

BlueBet Holdings Ltd. ( (AU:BBT) ) has issued an announcement.

betr Entertainment Limited has released a supplementary explanatory memorandum to update shareholders on an increased Offer Consideration ratio for its takeover offer of PointsBet Holdings Limited shares. The board unanimously supports the Selective Buy-Back as being in the best interests of betr shareholders and assures that it will not materially affect the company’s ability to pay creditors.

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 (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 Australian wagering industry figures and a highly experienced management team.

Average Trading Volume: 944,070

Technical Sentiment Signal: Sell

Current Market Cap: A$317.9M

Learn more about BBT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1