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PointsBet Holdings ( (AU:PBH) ) just unveiled an update.
Betr Entertainment Limited has announced an update regarding its off-market takeover offer for PointsBet Holdings Limited. The company has freed the offer from certain conditions, including AGCO Approval, IGO Approval, and PointsBet Employee Incentives conditions. However, other conditions remain unfulfilled. As of the latest update, Betr Entertainment holds a 20.50% voting power in PointsBet, indicating a significant stake in the company.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
YTD Price Performance: 25.00%
Average Trading Volume: 1,493,359
Technical Sentiment Signal: Buy
Current Market Cap: A$434.5M
See more insights into PBH stock on TipRanks’ Stock Analysis page.