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Swift Networks Announces Change in Substantial Holding

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Swift Networks Announces Change in Substantial Holding

Confident Investing Starts Here:

An announcement from Swift Networks Group Limited ( (AU:SW1) ) is now available.

Swift Networks Group Ltd has announced a change in its substantial holding status, indicating a dilution of shares held by Joshua Sweetman from 5.32% to 3.89%. This change is due to an entitlement offer and underwriting, affecting 34,874,804 ordinary shares. The announcement reflects a shift in the company’s shareholder structure, which may impact its market positioning and stakeholder interests.

More about Swift Networks Group Limited

Average Trading Volume: 294,029

Technical Sentiment Signal: Sell

Current Market Cap: A$10.77M

For detailed information about SW1 stock, go to TipRanks’ Stock Analysis page.

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