No.
THe way I read it the corporate cash is distributed via the special div.
This is why the stock has tanked.
Shareholders will be left with ebitda breakeven business and no mention of balance sheet. i.e. cash.
Market is saying (at $1.50ish) there will be virtually zero cash.
Ann: PointsBet Enters Agreement to Sell US Business, page-24
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Last
46.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.8M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 47.5¢ | 46.5¢ | $188.6K | 403.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 173825 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 271280 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PBH (ASX) Chart |