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The latest update is out from Yowie Group ( (AU:YOW) ).
Yowie Group Ltd has responded to inquiries from ASX regarding the receipt and validity of certain notices purportedly sent by Keybridge Capital Limited. Yowie clarified that these documents were not validly issued as they were not authorized by Keybridge or its Administrator, and emphasized that no valid board meeting occurred to authorize such notices. Additionally, Yowie highlighted its position as the largest creditor of Keybridge, with a debt exceeding $6.6 million, and noted that it has issued a statutory demand for part of this debt amounting to $4,630,236.71.
More about Yowie Group
YTD Price Performance: -44.00%
Average Trading Volume: 15,591
Technical Sentiment Signal: Sell
Current Market Cap: A$3.21M
For an in-depth examination of YOW stock, go to TipRanks’ Stock Analysis page.