tiprankstipranks
Trending News
More News >

Dropsuite Director’s Shares Disposed Amid Acquisition

Story Highlights
Dropsuite Director’s Shares Disposed Amid Acquisition

Don’t Miss TipRanks’ Half Year Sale

An update from Dropsuite ( (AU:DSE) ) is now available.

Dropsuite Limited announced a change in the director’s interest as Bruce Tonkin disposed of his 151,413 fully paid ordinary shares. This change is a result of the acquisition of Dropsuite Limited by NinjaOne Australia Pty Ltd through a scheme of arrangement, indicating a significant shift in the company’s ownership structure.

The most recent analyst rating on (AU:DSE) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Dropsuite stock, see the AU:DSE Stock Forecast page.

More about Dropsuite

Dropsuite Limited operates in the technology industry, focusing on cloud-based software solutions. The company provides data backup, archiving, and recovery services, catering primarily to businesses seeking to protect and manage their digital information effectively.

Average Trading Volume: 425,655

Technical Sentiment Signal: Buy

Current Market Cap: A$418.2M

See more data about DSE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1