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SelfWealth Ltd. ( (AU:SWF) ) has provided an update.
SelfWealth Ltd has received a non-binding indicative proposal from Svava Pte Ltd to acquire 100% of its shares for $0.28 per share, surpassing a previous offer from Bell Financial Group of $0.25 per share. The SelfWealth Board is considering the Svava proposal as potentially superior, pending further due diligence and regulatory approvals, while still recommending shareholders to vote in favor of the Bell offer unless a superior proposal emerges.
More about SelfWealth Ltd.
SelfWealth Ltd operates as a financial services company, focusing on wealth management platforms. The company is active in Australia and has been involved in schemes of arrangement to enhance shareholder value.
YTD Price Performance: 10.42%
Average Trading Volume: 2,259,502
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$61.14M
See more data about SWF stock on TipRanks’ Stock Analysis page.
