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Sixty Six Capital Inc ( (TSE:SIX) ) has shared an update.
Sixty Six Capital Inc. has converted CAD$3,589,399.75 of convertible secured grid promissory notes into 59,823,328 common shares, impacting the shareholding structure significantly. Notably, David Rowe and Robert Keith, major shareholders, have adjusted their holdings, with Rowe now holding 47.05% and Keith 36.54% of the company’s shares, reflecting a strategic realignment in their investment positions.
Spark’s Take on TSE:SIX Stock
According to Spark, TipRanks’ AI Analyst, TSE:SIX is a Neutral.
Sixty Six Capital Inc. shows strong profitability and a reasonable valuation, but faces challenges in cash flow and asset management. Technical indicators show potential stability with some bullish momentum, though caution is advised due to mixed signals.
To see Spark’s full report on TSE:SIX stock, click here.
More about Sixty Six Capital Inc
Sixty Six Capital Inc. is an investment company specializing in crypto and AI assets.
YTD Price Performance: -14.29%
Average Trading Volume: 32,248
Technical Sentiment Signal: Buy
Current Market Cap: C$8.73M
Find detailed analytics on SIX stock on TipRanks’ Stock Analysis page.