Media Update, page-480

It looks like a derivative not a subsidiary. I can't find anywhere saying PBHTHF is a sub. Pointsbet USA looks to be the USA controlling entity?

From my readings OTC just means not regulated by a governing body. Look at commsec "what are OTC markets"

My understanding is that the derivative is available from 3rd party brokers. the brokers have the ability to purchase international shares and then sell rights to ownership of the shares at their price to their clients to allow their clients to have international exposure. I'm yet to understanding why people would buy this apart from what unit said buyers can purchase in usd so avoid currency exchange drama.

So from the above the brokers are buying pointsbet on the asx to on sell rights OTC but i doubt this would be high volume.

So back to my original post i think a dual listing will allow us more capital to expand and would make the share price rocket. Eagerly awaiting news from Canada glta.