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Netwealth Group Ltd. ( (AU:NWL) ) has shared an update.
Netwealth Group Ltd. has announced the application for quotation of 100,039 fully paid ordinary securities on the Australian Securities Exchange (ASX), with an issue date set for September 1, 2025. This move is part of the company’s strategy to expand its capital base, potentially enhancing its market position and providing additional resources for growth initiatives, thereby impacting its stakeholders positively.
The most recent analyst rating on (AU:NWL) stock is a Hold with a A$35.50 price target. To see the full list of analyst forecasts on Netwealth Group Ltd. stock, see the AU:NWL Stock Forecast page.
More about Netwealth Group Ltd.
Netwealth Group Ltd. operates in the financial services industry, specializing in providing investment platforms and wealth management solutions. The company focuses on offering innovative financial products and services to individual investors and financial advisers, aiming to enhance their investment management capabilities.
Average Trading Volume: 411,466
Technical Sentiment Signal: Buy
Current Market Cap: A$8.62B
Learn more about NWL stock on TipRanks’ Stock Analysis page.