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PointsBet Holdings ( (AU:PBH) ) has provided an announcement.
PointsBet Holdings Limited has announced a significant reconstitution of its board following the successful takeover by MIXI Australia, which now holds a 66.43% voting power in the company. The board welcomes three new non-executive directors, Mr. Sho Okuyama, Mr. Kanji Kobayashi, and Mr. Taishi Oba, all associated with MIXI Australia, while several existing directors have resigned. This change reflects MIXI Australia’s influence and strategic direction for PointsBet, potentially impacting its operations and market strategy.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.00 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 is a company in the sports betting industry, providing online and mobile wagering services. The company focuses on offering innovative betting products and expanding its market presence, particularly in regions like Australia.
YTD Price Performance: -1.00%
Average Trading Volume: 1,248,383
Technical Sentiment Signal: Buy
Current Market Cap: A$344.1M
See more insights into PBH stock on TipRanks’ Stock Analysis page.