Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jaxsta Limited ( (AU:VNL) ) has provided an announcement.
Vinyl Group Ltd has issued 5,000,000 fully paid ordinary shares as part of the exercise of director options, with an application for quotation lodged with the ASX. This move is part of the company’s ongoing compliance with the Corporations Act and reflects its strategic efforts to strengthen its financial position and enhance shareholder value.
More about Jaxsta Limited
Vinyl Group Ltd is an Australian company listed on the ASX, specializing in the music industry by providing technology and media solutions that connect music creators, fans, and brands. Its portfolio includes Vinyl.com, an e-commerce platform, Vampr, a social-professional network, Jaxsta, a database of music credits, and Serenade, a Web3 platform for collectibles. The company also has a publishing arm, Vinyl Media, which operates various media outlets and licenses well-known mastheads in Australia.
Average Trading Volume: 1,008,518
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
For detailed information about VNL stock, go to TipRanks’ Stock Analysis page.