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BlueBet Holdings Ltd. ( (AU:BBT) ) just unveiled an announcement.
Betr Entertainment Limited has reaffirmed its commitment to a superior acquisition proposal for PointsBet Holdings Limited, offering $1.33 per share compared to MIXI’s $1.20. Betr, holding a 19.9% stake in PointsBet, intends to vote against the MIXI Proposal, confident in its ability to deliver significant value and integration benefits to PointsBet shareholders.
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, trading as ‘betr’, is a digital wagering operator listed on the Australian Securities Exchange (ASX) with a focus on the Australian wagering market. The company is led by a prominent board and management team with extensive experience in the wagering industry.
Average Trading Volume: 554,389
Technical Sentiment Signal: Buy
Current Market Cap: A$323M
For detailed information about BBT stock, go to TipRanks’ Stock Analysis page.