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An update from 360 Capital Group Limited ( (AU:TGP) ) is now available.
360 Capital Group Limited announced a change in the director’s interest, specifically concerning Tony Robert Pitt. The change involved the acquisition of 7,148,641 fully paid ordinary stapled securities through both on-market trade and off-market acceptance of a takeover offer. This acquisition increases Pitt’s total holdings to 138,793,407 securities, indicating a significant investment in the company, which may reflect confidence in its future performance and could impact stakeholder perceptions.
The most recent analyst rating on (AU:TGP) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on 360 Capital Group Limited stock, see the AU:TGP Stock Forecast page.
More about 360 Capital Group Limited
360 Capital Group Limited operates in the investment management industry, focusing on property and other financial assets. The company provides investment opportunities through its stapled entity, 360 Capital Investment Trust, and engages in managing and acquiring assets to generate returns for its stakeholders.
Average Trading Volume: 686,068
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$57.6M
For a thorough assessment of TGP stock, go to TipRanks’ Stock Analysis page.