Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Teaminvest Private Group Ltd ( (AU:TIP) ) has provided an announcement.
Teaminvest Private Group Ltd announced that its minority-owned subsidiary, Colour Capital Pty Ltd, won a judgment against Netdeen Pty Ltd, awarding $20 million and costs. However, Netdeen has appealed the decision, with a hearing set for May 2025. Meanwhile, Colour Capital and Wattle Court Pty Ltd are focusing on expanding their franchise networks, with Wattle Court receiving a $0.5 million loan from Teaminvest to support growth, matched by a $1 million loan from its management.
More about Teaminvest Private Group Ltd
Teaminvest Private Group Ltd operates in the investment and financial services industry, focusing on acquiring and managing stakes in private companies. Its key services include providing growth capital and strategic guidance to its subsidiaries and associated businesses.
YTD Price Performance: 2.96%
Average Trading Volume: 10,134
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$56.97M
See more data about TIP stock on TipRanks’ Stock Analysis page.
