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Ainsworth Game Technology ( (AU:AGI) ) just unveiled an announcement.
Kjerulf David Hastings Ainsworth has launched an off-market takeover bid for 2.9% of the fully paid ordinary shares in Ainsworth Game Technology Ltd, under Chapter 6 of the Corporations Act 2001 (Cth). The bidder, through his legal advisers Herbert Smith Freehills Kramer, has confirmed that all bidder’s statements have now been dispatched to the relevant shareholders, marking a formal step in the partial takeover process that could incrementally increase his stake and influence in the gaming technology company.
The most recent analyst rating on (AU:AGI) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Ainsworth Game Technology stock, see the AU:AGI Stock Forecast page.
More about Ainsworth Game Technology
Ainsworth Game Technology Ltd (ASX: AGI) is an Australian-listed company operating in the gaming technology sector, specialising in the development, manufacture and supply of gaming machines and related systems for casinos and other gaming venues in Australia and international markets.
Average Trading Volume: 200,242
Technical Sentiment Signal: Buy
Current Market Cap: A$340.2M
For a thorough assessment of AGI stock, go to TipRanks’ Stock Analysis page.