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PointsBet Holdings ( (AU:PBH) ) has shared an update.
Samson Rock Capital LLP, through its various funds, has acquired a substantial holding in PointsBet Holdings Limited, now controlling 5.08% of the company’s ordinary shares. This acquisition signifies a strategic investment move, potentially impacting PointsBet’s market dynamics and signaling confidence in the company’s future prospects.
More about PointsBet Holdings
PointsBet Holdings Limited operates in the sports betting and gaming industry, offering a range of betting products and services to its customers. The company focuses on providing innovative and user-friendly betting experiences, primarily targeting markets with a strong interest in sports wagering.
YTD Price Performance: 19.19%
Average Trading Volume: 2,192
Technical Sentiment Signal: Hold
Current Market Cap: $226M
See more insights into PBH stock on TipRanks’ Stock Analysis page.