PBH 4.62% 68.0¢ pointsbet holdings limited

Ann: Pause in Trading, page-14

  1. 783 Posts.
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    On a serious note...if this is just the sale of the US business I'd really like to see what happens to the proceeds of the sale. I appreciate there are rumors about returning sale proceeds to shareholders. If 100% of the sale proceeds is distributed to shareholders then great. But if they intend to retain a significant chuck of the proceeds to plow into the remaining AU and CA businesses that will be very disappointing--I don't believe the current management is capable of spending that money wisely to grow the AU and CA businesses in a sustainable manner. Hope the news is what everyone is hoping for
    Last edited by MovingAverage: 15/05/23
 
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