Acusensus Ltd (AU:ACE) has released an update.
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Ador Powertron Limited has reduced its stake in Acusensus Limited, lowering its voting power from 16.73% to 14.05% after selling 1,666,667 fully paid ordinary shares. This move follows a share split by Acusensus, which adjusted its share structure in August 2023. The sale was part of an institutional placement, reflecting a strategic shift in Ador Powertron’s investment approach.
For further insights into AU:ACE stock, check out TipRanks’ Stock Analysis page.
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