Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

Betmakers Technology Group  / Event-Driven

<ul>
<li>This morning (10th August), gambling tech play <strong><a href="https://www.smartkarma.com/entities/betmakers-technology-group-ltd" target="_blank" data-smartkarma-citation="entities:25489:1" rel="noopener">BetMakers (BET AU)</a></strong><a href="https://announcements.asx.com.au/asxpdf/20260810/pdf/072l4yj28wyv8t.pdf" target="_blank" rel="noopener">announced</a> it had entered into an offer, by way of a Scheme, with <strong><a href="https://www.smartkarma.com/entities/tabcorp-holdings-ltd" target="_blank" data-smartkarma-citation="entities:6837:1" rel="noopener">Tabcorp (TAH AU)</a>, </strong>at A$0.24/share, in cash.</li>
<li>That's a 45.5% premium to undisturbed. BetMakers' shareholders can also elect scrip (25%/50%/75%/100%) with the balance in cash. Scrip is capped. The default option is cash.</li>
<li>BetMakers' board, holding ~10% of shares out, unanimously support terms. Completion targeted 3Q27 (Jan-Mar' 27). ACCC approval required. That's the wild card.</li>
</ul>


This morning (10th August), gambling tech play BetMakers (BET AU)announced it had entered into an offer, by way of a Scheme, with Tabcorp (TAH AU), at A$0.24/share, in cash.
That's a 45.5% premium to undisturbed. BetMakers' shareholders can also elect scrip (25%/50%/75%/100%) with the balance in cash. Scrip is capped. The default option is cash.
BetMakers' board, holding ~10% of shares out, unanimously support terms. Completion targeted 3Q27 (Jan-Mar' 27). ACCC approval required. That's the wild card.


BetMakers Technology (BET AU) Enters Scheme With Tabcorp (TAH AU)