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The latest announcement is out from Jaxsta Limited ( (AU:VNL) ).
Vinyl Group Ltd has applied to the Federal Court for an extension to lodge cleansing notices for recent share issues, following a previous announcement about delays. The outcome of this application, set for hearing on 5 June 2025, could lead to the lifting of the company’s voluntary suspension if approved, potentially impacting its market operations and stakeholder confidence.
More about Jaxsta Limited
Vinyl Group Ltd operates in the music industry, offering a range of tech and media solutions that connect music creators, fans, and brands. Its portfolio includes Vinyl.com, an e-commerce platform with over 50,000 titles; Vampr, a social-professional network with 1.4 million creators globally; Jaxsta, the largest database of official music credits; and Serenade, a Web3 platform for collectibles. The company also runs Vinyl Media, which produces premium content and live experiences, and licenses well-known media brands in Australia.
Average Trading Volume: 1,017,338
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
For detailed information about VNL stock, go to TipRanks’ Stock Analysis page.