Centrebet

If you took the plunge after reading Ideas Lab punts on Centrebet—13 May 11 (No View – $1.78), your bet will be paying off for a few years yet. You’ll have already received $2.00 from acquirer Sportingbet in September 2011 when your shares were delisted, an already satisfying result. But as explained in past reviews, selling shareholders are entitled to the bulk of any proceeds from the company’s successful stoush with the Australian Tax Office. Earlier in the month, shareholders should have received their first cash payment, a long-winded 13.4747547 cents per share. We expect there’s another 45 cents or...

If you took the plunge after reading Ideas Lab punts on Centrebet—13 May 11 (No View – $1.78), your bet will be paying off for a few years yet. You’ll have already received $2.00 from acquirer Sportingbet in September 2011 when your shares were delisted, an already satisfying result.

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