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Raiz Invest Ltd. ( (AU:RZI) ) has issued an announcement.
Raiz Invest Ltd has announced a change in the interests of a substantial holder, TIGA Trading Pty Ltd, which now holds a 13.96% voting power in the company, up from 12.83%. This increase in voting power, achieved through a series of market purchases and share purchase plans, reflects a strategic move by TIGA Trading Pty Ltd and its associates to strengthen their influence within Raiz Invest Ltd, potentially impacting the company’s governance and strategic direction.
More about Raiz Invest Ltd.
Raiz Invest Ltd is a company operating in the financial services industry, primarily focusing on investment management and financial technology solutions. The company is known for its micro-investing platform that allows users to invest small amounts of money into diversified portfolios, targeting both individual investors and financial institutions.
Average Trading Volume: 54,112
Technical Sentiment Signal: Buy
Current Market Cap: A$62.14M
See more data about RZI stock on TipRanks’ Stock Analysis page.