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SmartPay Holdings Sees Increase in Substantial Holding by Anacacia Pty Limited
Company Announcements

SmartPay Holdings Sees Increase in Substantial Holding by Anacacia Pty Limited

Story Highlights
  • Anacacia Pty Limited increased its stake in SmartPay from 13.76% to 15.43%.
  • The increase could affect SmartPay’s strategic direction and indicates confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

The latest announcement is out from SmartPay Holdings Limited ( (DE:KX2) ).

SmartPay Holdings Limited has disclosed a significant movement in its substantial holdings, revealing that Anacacia Pty Limited, as Trustee for the Wattle Fund, has increased its stake in the company from 13.76% to 15.43% through on-market share purchases. This increase in Anacacia’s holdings could potentially strengthen its influence within SmartPay Holdings, indicating confidence in the company’s future prospects and possibly affecting its strategic direction.

More about SmartPay Holdings Limited

YTD Price Performance: -16.28%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €69.61M

Learn more about KX2 stock on TipRanks’ Stock Analysis page.

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