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Zoom2u Technologies Ltd. ( (AU:LOC) ) has shared an update.
Locate Technologies Limited has announced a change in the voting power of the Orenstein Superannuation Fund due to a recent capital raising, which increased the total number of shares and diluted the fund’s percentage of voting power. This change does not involve any disposal of securities by the fund, indicating a strategic adjustment in the company’s shareholder structure without impacting the fund’s holdings.
More about Zoom2u Technologies Ltd.
Locate Technologies leverages AI, cloud infrastructure, and SaaS technology to revolutionize last-mile delivery and logistics management. Through platforms like Locate2u, Zoom2u, and Shred2u, the company offers scalable solutions for delivery management, route optimization, and real-time visibility for businesses of all sizes.
Average Trading Volume: 1,297,594
Technical Sentiment Signal: Sell
Learn more about LOC stock on TipRanks’ Stock Analysis page.