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Dropsuite Director’s Share Disposal Amid Acquisition

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Dropsuite Director’s Share Disposal Amid Acquisition

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An update from Dropsuite ( (AU:DSE) ) is now available.

Dropsuite Limited announced a change in the director’s interest notice, as Theo Hnarakis disposed of his indirect interest in 1,175,232 fully paid ordinary shares. This transaction was part of the acquisition of Dropsuite Limited by NinjaOne Australia Pty Ltd through a scheme of arrangement, marking a significant shift in the company’s ownership structure.

The most recent analyst rating on (AU:DSE) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Dropsuite stock, see the AU:DSE Stock Forecast page.

More about Dropsuite

Dropsuite Limited operates in the technology industry, focusing on providing cloud-based backup and archiving solutions for businesses. The company specializes in safeguarding digital assets and ensuring data compliance, catering to a global market.

Average Trading Volume: 425,655

Technical Sentiment Signal: Buy

Current Market Cap: A$418.2M

Find detailed analytics on DSE stock on TipRanks’ Stock Analysis page.

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