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PointsBet enters negotiations with DraftKings for sale of its US business

Australian sports betting powerhouse PointsBet (ASX:PBH) has increased by nearly 20 per cent to its highest level in a month after announcing to the market that they are set to engage in talks with DraftKings, in hopes of securing a higher offer price for its US business. DraftKings has made an unsolicited all-cash offer of […]

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Key events to watch this week

US markets will observe a closure on Monday in observance of the Juneteenth holiday, with trading set to resume on Tuesday (Wednesday AEST). While US investors take a day off, the Australian market will focus on key events and announcements scheduled for the week. On Tuesday, all eyes will be on the Reserve Bank of

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Stocks of the Hour: Lake Resources, Bastion Minerals, Dateline Resources

Lake Resources (ASX:LKE; OTC: LLKKF) announces two phase development to targeted production of 50 kilo tonnes per annum battery grade lithium carbonate. CEO David Dickson said. “Our new, phased approach de-risks project execution while ensuring battery grade lithium carbonate comes to market in a cleaner, efficient way.” Shares are trading 13.16 per cent lower at

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