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Ann: Ceasing to be a substantial holder, page-93

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astrogirl10

111 Posts.

112

13/08/21

16:26

Post #: 55273955
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Originally posted by astrogirl10: ↑

In addition to the possible reasons Granny mentioned about early conversion, I have been wondering if conversion to shares could also have been done to have a voice in any deal if one was to eventuate with Tabcorp or to help block Bet from being acquired?

A few weeks ago, it was suggested in The Australian newspaper that the demerged Tabcorp Wagering and Media business could look at joint ventures, equity investment or even the possibility of a takeover. The actual article is posted on the Betmakers twitter account.

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I wonder if there was to be some kind of joint venture with Tabcorp, what are the chances that it could involve Tabcorp backing in certain assets into BET in return for some equity in BET.

BET Price at posting: $1.24 Sentiment: Buy Disclosure: Held
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Last 9.8¢		Change 0.004(3.70%)		Mkt cap ! $95.07M

Open	High	Low	Value	Volume
9.5¢	10.0¢	9.4¢	$231.3K	2.353M

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1	200000	0.092
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Price($)	Vol.	No.
0.098	50821	1
0.099	73950	1
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0.110	2377377	12
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