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Netwealth Group Ltd. Reports Share Control and Economic Exposure

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Netwealth Group Ltd. Reports Share Control and Economic Exposure

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Netwealth Group Ltd. ( (AU:NWL) ) has shared an announcement.

Netwealth Group Ltd. has disclosed its control over 1,559,412 voting shares, representing 0.64% of the total voting shares in the company. Despite this control, the company reports a net economic exposure of zero shares, indicating no financial exposure to changes in share value, which may impact its operational strategy and stakeholder interests.

The most recent analyst rating on (AU:NWL) stock is a Buy with a A$33.10 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 Ltd. operates in the financial services industry, primarily offering superannuation and investment services. The company focuses on providing comprehensive financial solutions through its subsidiaries, including Netwealth Superannuation Services Pty Ltd and Netwealth Investments Limited, catering to a diverse range of stakeholders in the Australian market.

Average Trading Volume: 618,202

Technical Sentiment Signal: Buy

Current Market Cap: A$7.56B

For detailed information about NWL stock, go to TipRanks’ Stock Analysis page.

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