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Wrkr Ltd ( (AU:WRK) ) has issued an update.
Wrkr Ltd has announced that its CEO and CFO will host a quarterly investor webcast update following completion of the PaidRight acquisition, signalling that the company intends to brief the market on integration progress and strategic implications once the deal closes. Ahead of a general meeting, proxy votes indicate strong shareholder support for the key resolutions relating to the acquisition of sale shares from entities associated with CEO Trent Lund and the issuance of consideration shares to both related and unrelated sellers, underscoring broad investor backing for Wrkr’s expansion strategy and capital structure changes associated with the transaction.
The most recent analyst rating on (AU:WRK) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.
More about Wrkr Ltd
Wrkr Ltd (ASX: WRK) is an Australian-listed company that operates in the financial technology and employment services space, focusing on digital platforms that support employers, workers and related transactions. The company is expanding its offering through acquisitions such as PaidRight, which appears aimed at deepening its capabilities in compliance and wage-related solutions for its client base.
Average Trading Volume: 1,127,400
Technical Sentiment Signal: Buy
Current Market Cap: A$304M
Find detailed analytics on WRK stock on TipRanks’ Stock Analysis page.