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Wilson Asset Management Acquires Substantial Stake in PointsBet

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Wilson Asset Management Acquires Substantial Stake in PointsBet

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.

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