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Jaxsta Limited ( (AU:VNL) ) has provided an update.
Vinyl Group Ltd announced that the Federal Court has granted an amended order to correct an error in the number of shares in a previous order related to the company’s failure to lodge cleansing notices on time. Following this amendment, Vinyl Group has requested the lifting of the voluntary suspension of trading in its securities, which is expected to positively impact its operations and reassure stakeholders.
More about Jaxsta Limited
Vinyl Group Ltd is a company operating in the music industry, 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 music credits database; and Serenade, a Web3 platform for collectibles. The company also has a publishing arm, Vinyl Media, which operates several media outlets and licenses well-known mastheads in Australia.
Average Trading Volume: 1,024,757
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
For an in-depth examination of VNL stock, go to TipRanks’ Stock Analysis page.