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An update from BlueBet Holdings Ltd. ( (AU:BBT) ) is now available.
PointsBet Holdings Limited, a company involved in the gaming and betting industry, is currently the subject of two competing takeover offers from betr Entertainment Limited and MIXI Australia Pty Ltd. The Takeovers Panel has declined to conduct proceedings on an application by betr, which challenged the issuance of new shares by PointsBet. The Panel found that the issuance of shares under PointsBet’s Key Employee Equity Plan was justified and that intervening could negatively impact the market’s efficiency and competitiveness.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.42 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: 873,068
Technical Sentiment Signal: Sell
Current Market Cap: A$307.7M
Find detailed analytics on BBT stock on TipRanks’ Stock Analysis page.