LATITUDE GROUP HOLDINGS ORD
Tabcorp and Entain rumoured to bid for PointsBet, FDA approves Neuren’s Rett drug and IPH dives on cyber security breach
Sources close to PointsBet’s (ASX: PBH) Australian arm have revealed potential acquisition bids are in the works from one of the world’s largest betting and gaming groups Entain (LSE: ENT) and another from major Australian wagering group Tabcorp (ASX: TAH). Potential bids from Entain and Tabcorp follow PointsBet’s confirmation in late December it was in […]
How ASX BNPL stocks fell from grace
If there is one market sector that encapsulates the rapid change in share market sentiment this year, it is the buy now pay later (BNPL) sector. It was one of the few “technology’’ areas that Australia dominated in the long bull market but the sector is now littered with broken deals and extreme share price […]
Picking the winners from the losers amid the ongoing IPO mania
Like climbers queuing below the Mt Everest summit before the next blizzard sets in, private vendors are continuing to join the initial public offer (IPO) conga line before the market turns foul. Or has the IPO weather turned already? Frankly, it’s hard to tell. In total 88 companies have already executed an IPO in calendar […]
Who’s who in the burgeoning listed non-bank sector
More non-bank lenders are clamouring to list on the ASX, but is it a harbinger of a permanent new banking paradigm or a sign the bull market is nearing a peak? We’re not talking about the buy now pay later (BNPL) sector, which has become a crowded ASX-listed cohort in its own right. Rather, the […]