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An update from Netwealth Group Ltd. ( (AU:NWL) ) is now available.
Netwealth Group Limited announced a change in the indirect interest of its director, Michael Max Heine, in the company’s shares. The change involves the termination of an agreement that allowed Heine and Heine Brothers Pty Ltd to direct votes attached to 13,408,265 shares held by Leslie Max Heine Pty Ltd as trustee for The LMH Trust. Consequently, Heine’s indirect interest in shares has decreased to 100,040,000 shares. This adjustment reflects a shift in the director’s influence over the company’s voting shares, potentially impacting governance dynamics.
The most recent analyst rating on (AU:NWL) stock is a Buy with a A$34.00 price target. To see the full list of analyst forecasts on Netwealth Group Ltd. stock, see the AU:NWL Stock Forecast page.
More about Netwealth Group Ltd.
Netwealth Group Limited operates in the financial services industry, providing investment platforms and financial solutions. The company focuses on offering a range of investment products and services to financial advisers, investors, and institutions.
Average Trading Volume: 510,172
Technical Sentiment Signal: Buy
Current Market Cap: A$7.56B
See more data about NWL stock on TipRanks’ Stock Analysis page.