The latest announcement is out from SelfWealth Ltd. ( (AU:SWF) ).
SelfWealth Ltd has announced that the Federal Court of Australia has approved its acquisition by Svava Pte Ltd, the holding company of the Syfe Group. As a result, SelfWealth shares will be suspended from trading on the ASX, and shareholders will receive the scheme consideration on the implementation date. This acquisition marks a significant transition for SelfWealth, potentially enhancing its market position and operational capabilities under the Syfe Group’s ownership.
More about SelfWealth Ltd.
SelfWealth Ltd operates in the financial services industry, providing online brokerage services that enable investors to trade shares and manage their investment portfolios. The company focuses on offering a cost-effective and user-friendly platform for self-directed investors.
YTD Price Performance: 14.58%
Average Trading Volume: 1,654,428
Technical Sentiment Signal: Sell
Current Market Cap: A$63.5M
Learn more about SWF stock on TipRanks’ Stock Analysis page.