Betmakers Technology Group Ltd

ASX:BET

Betmakers Technology Group Ltd

ASX:BET
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$0.130 (+13%)
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#623
Rank
5
Held by
22
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Marvolo
Company Report
Last edited 4 years ago
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14.9% pa
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#Capital Raising
stale
Marvolo
Added 4 years ago
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Capital Raising

$35m placement to equity investors to be completed. This is an issue of 94.6 million shares at 37c a share. It values the company at around $210m and the offering is a reasonable discount to last close. 

Really interesting company with lots of growth prospects if it can deliver strong IP and products to the industry. Betting in the U.S. is set to take off and these guys have a strategy and path within that market. Definitely one to watch.