POINTSBET HOLDINGS (AU), a company active in the Gambling industry, slightly increases its general evaluation. The independent financial analyst theScreener just confirmed the stock market behaviour of the title as risky. At the fundamental level, theScreener confirms the rating of 0 out of 4 stars; given the more favourable environment, the title's overall rating is upgraded to Slightly Negative even if it remains under pressure. As of the analysis date February 25, 2022, the closing price was ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
PointsBet is looking to raise A$400m (US$294m) from its institutional placement and entitlement offer. At the same time, Sam Swanell, Nick Fahey, and Andrew Fahey will be selling down a portion of their shares worth about A$29m. In this note, we will look at the deal structure, discuss its Q4 results, and share our thoughts on the deal.
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