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BlueBet Holdings Ltd. ( (AU:BBT) ) has shared an update.
PointsBet Holdings Limited, a company involved in a scheme of arrangement with a subsidiary of MIXI, Inc, has addressed allegations made by Betr Entertainment Limited regarding voting procedures at a recent scheme meeting. PointsBet clarified that Betr’s vote was not excluded by the chair, but rather Betr revoked its proxy and did not cast a vote. The scheme has been approved by the necessary majorities, and PointsBet will proceed with the next legal steps.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.47 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.
Average Trading Volume: 640,795
Technical Sentiment Signal: Sell
Current Market Cap: A$297.4M
For a thorough assessment of BBT stock, go to TipRanks’ Stock Analysis page.