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PointsBet Holdings ( (AU:PBH) ) has shared an announcement.
MIXI Australia Pty Ltd has become a substantial holder in PointsBet Holdings Limited, acquiring a 9.15% voting power through agreements with Bennelong Long Short Equity Management and Pictet Asset Management. This acquisition indicates a strategic interest in PointsBet, potentially impacting its market positioning and signaling confidence in its growth prospects.
The most recent analyst rating on (AU:PBH) stock is a Buy with a A$0.83 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
PointsBet Holdings Limited operates in the sports betting industry, providing wagering services primarily focused on sports and racing markets. The company is known for its innovative betting products and technology-driven approach, catering to a diverse range of sports enthusiasts and bettors.
Average Trading Volume: 993,108
Technical Sentiment Signal: Buy
Current Market Cap: A$399.2M
See more data about PBH stock on TipRanks’ Stock Analysis page.