Stars Group just acquired the 20% they didn't already own in BetEasy for $250m (included performance awards to local management). BetEasy and PointsBet at different stages of their life cycles but interesting to compare the perceived value of 20% stake in a online bookmaker in a mature market versus what paying for PointsBet which has a lot of upside in US *if* they can capture market share. Big question is if and what it costs to do so!
Stars Group just acquired the 20% they didn't already own...
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Last
68.0¢ |
Change
0.030(4.62%) |
Mkt cap ! $225.3M | |||
| Open | High | Low | Value | Volume |
| 66.5¢ | 70.5¢ | 66.5¢ | $2.717M | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 24148 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| PBH (ASX) Chart |