PBH 3.76% 48.3¢ pointsbet holdings limited

Ann: Response to Media Speculation, page-39

  1. 668 Posts.
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    this part here is where it gets merky and debatable (circled). However, I don't believe the SP tanking had anything to with with the proposal discussions (as being negative for the stock). seemed like a deliberate and orchestrated sell down for what reason I am still unsure, shorting likely involved. more than one factor , multiple factors all in play at the same time. maybe it was done to weaken PBHs negotiation position.

    https://hotcopper.com.au/data/attachments/4933/4933508-3311a68c8d10549273c962f0c51cacf3.jpg
 
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