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The latest announcement is out from Betmakers Technology Group ( (AU:BET) ).
BetMakers Technology Group Ltd announced the vesting of 1,910,700 FY23 Tranche 2 performance rights under its Long-Term Incentive Plan, which are now eligible for conversion into fully paid ordinary shares. This move reflects the company’s commitment to aligning its growth with shareholder interests and maintaining transparency in its operations, as evidenced by the issuance of 3,743,000 shares without disclosure to investors, in compliance with relevant corporate regulations.
The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.27 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.
More about Betmakers Technology Group
BetMakers Technology Group Ltd operates in the technology sector, focusing on providing advanced wagering technology and data solutions for the betting industry. The company is known for its long-term incentive plans and performance rights, which are integral to its market strategy and stakeholder engagement.
YTD Price Performance: 95.24%
Average Trading Volume: 2,227,721
Technical Sentiment Signal: Hold
Current Market Cap: A$226.2M
Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.