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BlueBet Holdings Ltd. ( (AU:BBT) ) has provided an announcement.
YAST Investments Pty Ltd, acting as trustee for the YAST Investment Trust, has increased its stake in betr Entertainment Limited through participation in an institutional entitlement offer. Despite the purchase of additional shares, YAST’s overall voting power has decreased due to the dilution effect following the issuance of new shares by the company. This change in shareholding reflects a strategic move by YAST to maintain its influence within the company, while the dilution indicates a broader capital restructuring effort by betr Entertainment Limited.
The most recent analyst rating on (AU:BBT) stock is a Buy with a A$0.38 price target. To see the full list of analyst forecasts on BlueBet Holdings Ltd. stock, see the AU:BBT Stock Forecast page.
More about BlueBet Holdings Ltd.
Average Trading Volume: 416,898
Technical Sentiment Signal: Buy
Current Market Cap: A$322.3M
See more data about BBT stock on TipRanks’ Stock Analysis page.