Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Flexiroam Ltd ( (AU:FRX) ) has provided an announcement.
Flexiroam Ltd’s substantial shareholder, Mr. Kenn Tat “Jefrey” Ong, has significantly increased his voting power in the company from 7.44% to 19.66%. This change was primarily due to a take-up of entitlements and partial underwriting of the offer, indicating a strategic consolidation of shares. This increase in voting power may impact the company’s governance and decision-making processes, potentially influencing its strategic direction and further market positioning.
More about Flexiroam Ltd
Average Trading Volume: 486,610
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.86M
See more insights into FRX stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue