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An update from NetLinkz Ltd. ( (AU:NET) ) is now available.
Securelink Networks Limited, formerly known as NetLinkz Ltd., has completed a strategic rebranding and capital consolidation, reflecting its focus on high-growth cyber business and ASEAN market expansion. The company has increased its stake in a joint venture with PT&T to 50.1%, allowing it to consolidate accounts and strengthen its balance sheet. This move is part of Securelink’s strategy to access the fast-growing Asian market. As the company prepares to relist on the ASX under the new ticker SN8, it is engaging with the ASX to lift the trading suspension and resume trading.
The most recent analyst rating on (AU:NET) stock is a Sell with a A$0.14 price target. To see the full list of analyst forecasts on NetLinkz Ltd. stock, see the AU:NET Stock Forecast page.
More about NetLinkz Ltd.
Securelink Networks Limited is a networking vendor focused on creating secure, personalized connections for users through its Network-as-a-Service (NaaS) proposition. The company offers secure, performance-optimized private networks for enterprises, enabling them to enforce connectivity compliance policies and improve security. Securelink’s VSN+ technology provides secure, borderless connectivity, addressing cost inefficiencies and security vulnerabilities associated with legacy carrier networks. The company is strategically positioned to capitalize on the shift towards secure cloud connectivity and managed services, with plans to expand into the ASEAN market.
Technical Sentiment Signal: Sell
Current Market Cap: A$11.64M
See more insights into NET stock on TipRanks’ Stock Analysis page.