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The latest update is out from 1st Group Ltd. ( (AU:VFX) ).
Visionflex Group Limited has announced a change in the director’s interest, specifically involving Maikel Kafrouni, through the Kafrouni Family Trust and the TFT Kafrouni Family Trust. The change includes the acquisition of 13,500,000 Service Rights and a consolidation of capital on a 50:1 basis, following shareholder approval at the 2025 AGM. This adjustment in securities reflects a strategic move to streamline and consolidate the company’s capital structure, potentially impacting the company’s financial positioning and shareholder value.
More about 1st Group Ltd.
Average Trading Volume: 4,013
Technical Sentiment Signal: Sell
Current Market Cap: A$6.58M
For a thorough assessment of VFX stock, go to TipRanks’ Stock Analysis page.