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An announcement from PointsBet Holdings ( (AU:PBH) ) is now available.
PointsBet Holdings Limited has recently been the subject of two takeover offers. MIXI Australia Pty Ltd completed an off-market takeover, gaining a 66.43% voting power in PointsBet. Meanwhile, betr Entertainment Limited made an unsolicited all-scrip offer, securing a 27.72% voting power. These developments indicate a significant shift in the company’s shareholder structure, potentially impacting its strategic direction and market positioning.
The most recent analyst rating on (AU:PBH) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on PointsBet Holdings stock, see the AU:PBH Stock Forecast page.
More about PointsBet Holdings
PointsBet Holdings Limited operates in the sports betting and gaming industry, offering a range of betting products and services. The company primarily focuses on providing innovative sports wagering solutions and has a significant presence in the Australian market.
Average Trading Volume: 1,276,547
Technical Sentiment Signal: Buy
Current Market Cap: A$401.5M
See more insights into PBH stock on TipRanks’ Stock Analysis page.