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DataWorks Group Announces Director’s Interest Change Amid Capital Restructuring

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The latest update is out from IXUP Ltd. ( (AU:DWG) ).

DataWorks Group Limited, under the directorship of Freya Smith, has announced a significant change in the director’s interest in securities. The company has undergone a capital reconstruction involving a consolidation of its securities on a 20:1 basis, resulting in a reduction of unlisted options held by the director from 5,000,000 to 250,000, with the exercise price adjusted accordingly. This move is part of the company’s efforts to streamline its capital structure, potentially impacting its market position and shareholder value.

More about IXUP Ltd.

YTD Price Performance: -13.64%

Average Trading Volume: 35,471

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$19.4M

For a thorough assessment of DWG stock, go to TipRanks’ Stock Analysis page.

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