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PointsBet Initiates Trading Halt Pending Key Announcement

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PointsBet Initiates Trading Halt Pending Key Announcement

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An announcement from PointsBet Holdings ( (AU:PBH) ) is now available.

PointsBet Holdings Limited has requested a trading halt on its securities pending an announcement regarding the outcome of a scheme meeting. This move is to ensure compliance with continuous disclosure obligations and to prevent uninformed trading. The halt will remain until the announcement is made or normal trading resumes on 27 June 2025. This decision highlights PointsBet’s commitment to transparency and regulatory compliance, potentially impacting investor confidence and market dynamics.

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 and gaming industry, providing a range of wagering products and services. The company focuses on offering innovative betting solutions and has a significant presence in the Australian market.

Average Trading Volume: 1,064,422

Technical Sentiment Signal: Buy

Current Market Cap: A$394.8M

For a thorough assessment of PBH stock, go to TipRanks’ Stock Analysis page.

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