Business
Why BetMakers, Emerge Gaming, Infratil, & Tyro shares are pushing higher
In afternoon trade the S&P/ASX 200 Index (ASX: XJO) is on track to start 2021 very positively. At the time of writing, the benchmark index is up a sizeable 1% to 6,653 points.
Four shares that are climbing more than most today are listed below. Here’s why they are pushing higher:
BetMakers Technology Group Ltd (ASX: BET)
The BetMakers share price is up 3% to 69 cents. This morning the betting technology company revealed that its placement has completed successfully. BetMakers has raised $50 million (before costs) at $0.60 per new share from sophisticated and institutional investors. These funds are being used to acquire the racing and digital assets of UK-based sport betting company Sportech.
The Emerge Gaming share price has…
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