PBH 0.00% 46.5¢ pointsbet holdings limited

They have sold the US division for $225 million US. They have...

  1. 96 Posts.
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    They have sold the US division for $225 million US. They have approximately $200 million AUS in the bank. They are getting a portion of that $225 now and the rest upon settlement. So PBH will take the money they get now and the $200 Aus and pay back shareholders. So it will be approx $400 million Aus divided by the 300 million shares on issue. So each share will receive approx $1.40 ish per share. So once they have have paid that out the value of the company ( share price) will drop in line with the $400 million. So current share price will drop to approximately the payout. The market will then decide via share price what the company is worth going forward....
 
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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
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