tiprankstipranks
Company Announcements

Wilson Asset Management Acquires Substantial Stake in PointsBet

Story Highlights
Wilson Asset Management Acquires Substantial Stake in PointsBet

Discover the Best Stocks and Maximize Your Portfolio:

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

PointsBet Holdings Ltd., a company in the sports betting and gaming industry, has announced that Wilson Asset Management Group has become a substantial holder in the company, acquiring a 5.47% voting power through their interest in 18,159,220 ordinary shares. This significant acquisition by Wilson Asset Management Group indicates a strong vote of confidence in PointsBet’s future prospects and may influence the company’s market position and stakeholder interests moving forward.

More about PointsBet Holdings Ltd.

YTD Price Performance: -18.06%

Average Trading Volume: 3,026

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $169.1M

For detailed information about PBH stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1