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 22 years of covering Asia Pacific equities, the past 19 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

PointsBet (PBH AU): MIXI Bumps To A$1.20. Betr's DD Continues

PointsBet (PBH AU) [Further] Backs MIXI's Offer, Rejects Betr's

PointsBet (PBH AU): Betr's "Superior Offer"? In An Alternate Reality

Betr's "Superior Offer" For PointsBet (PBH AU) Is Questionable

PointsBet (PBH AU) Rebuffs BlueBet And Enters Offer With Mixi (2121 JP)

Quiddity Advisors

Event-Driven

<ul>
<li>In <a href="https://skr.ma/KK9Uj" target="_blank" rel="noopener">Betr's "Superior Offer" For PointsBet (PBH AU) Is Questionable</a>, I surmised, on balance, <a href="https://www.smartkarma.com/entities/pointsbet-holdings-ltd" target="_blank" data-smartkarma-citation="entities:29102:1" rel="noopener">PointsBet Holdings (PBH AU)</a> would afford <a href="https://www.smartkarma.com/entities/betr-entertainment-limited" target="_blank" data-smartkarma-citation="entities:41181:1" rel="noopener">Betr Entertainment (BBT AU)</a> due diligence. That is now <a href="https://announcements.asx.com.au/asxpdf/20250512/pdf/06jmzkzzbfdlr1.pdf" target="_blank" rel="noopener">confirmed</a>.</li>
<li>PointsBet initial focus will be on Betr's scrip as it comprises 43% of the funding mix.</li>
<li>Separately, <a href="https://www.smartkarma.com/entities/mixi-inc" target="_blank" data-smartkarma-citation="entities:602:1" rel="noopener">Mixi Inc (2121 JP)</a>'s Scheme Booklet was dispatched on the 8th May, with a shareholder vote on the 12th June. Mixi has matching rights under its SID.</li>
</ul>


In Betr's "Superior Offer" For PointsBet (PBH AU) Is Questionable, I surmised, on balance, PointsBet Holdings (PBH AU) would afford Betr Entertainment (BBT AU) due diligence. That is now confirmed.
PointsBet initial focus will be on Betr's scrip as it comprises 43% of the funding mix.
Separately, Mixi Inc (2121 JP)'s Scheme Booklet was dispatched on the 8th May, with a shareholder vote on the 12th June. Mixi has matching rights under its SID.


PointsBet (PBH AU)/Betr (BBT AU): Mutual Due Diligence Proposed