DomaCom Ltd. ( (AU:DCL) ) has shared an update.
Assetora Limited, formerly DomaCom Limited, has completed a capital consolidation following shareholder approval at its Annual General Meeting. The consolidation involved converting every five ordinary shares into one, reorganizing options and convertible notes in line with listing rules. This move, effective from 20 March 2025, aims to streamline the company’s capital structure, potentially enhancing its market positioning and operational efficiency. The consolidation reflects Assetora’s strategic efforts to strengthen its financial framework, with new holding statements to be issued to shareholders.
More about DomaCom Ltd.
Assetora Limited operates an innovative managed investments platform catering to both wholesale and retail markets. The platform provides investors and financial advisers with easy access, reporting, and transparency, featuring lower minimum investments and competitive costs. Assetora’s offerings include diverse assets such as agriculture, energy, securities, and real estate. The company is recognized as a leader in the Australian financial sector, known for its innovative structures and facilitating portfolio diversification.
YTD Price Performance: -8.33%
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$4.79M
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