BlueBet Holdings Ltd. ( (AU:BBT) ) has provided an announcement.
Betr Entertainment Ltd, a company listed on the ASX, has become a substantial holder in PointsBet Holdings Limited, acquiring a 19.9% voting power through the purchase of 66,013,329 fully paid ordinary shares. This acquisition, executed through special crossings and share sale agreements, marks a significant stake in PointsBet, potentially impacting the company’s strategic direction and market dynamics.
More about BlueBet Holdings Ltd.
Average Trading Volume: 444,654
Technical Sentiment Signal: Sell
Current Market Cap: A$185.8M
Learn more about BBT stock on TipRanks’ Stock Analysis page.