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PointsBet Holdings ( (AU:PBH) ) has provided an update.
PointsBet Holdings Limited has responded to Betr Entertainment Limited’s intended takeover offer, which values PointsBet shares at $1.086 each. This offer is significantly lower than the $1.20 per share being offered by MIXI Australia under its existing scheme and takeover offer, indicating a potentially less favorable option for PointsBet stakeholders.
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 is a corporate bookmaker listed on the Australian Securities Exchange, operating in Australia and Canada. The company has developed a scalable cloud-based wagering platform offering innovative sports and racing wagering products and iGaming services.
Average Trading Volume: 1,101,643
Technical Sentiment Signal: Buy
Current Market Cap: A$396.4M
Learn more about PBH stock on TipRanks’ Stock Analysis page.