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Amplitude Energy Sees Increased Stake from L1 Capital

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Amplitude Energy Sees Increased Stake from L1 Capital

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An update from Amplitude Energy ( (AU:AEL) ) is now available.

Amplitude Energy Limited has announced a change in the interests of its substantial holder, L1 Capital Pty Ltd. The voting power of L1 Capital has increased from 6.85% to 8.98%, indicating a significant shift in shareholder influence. This change reflects L1 Capital’s growing stake in Amplitude Energy, which could impact the company’s strategic decisions and market positioning.

The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.27 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.

More about Amplitude Energy

Average Trading Volume: 3,696,201

Technical Sentiment Signal: Buy

Current Market Cap: A$543.5M

Learn more about AEL stock on TipRanks’ Stock Analysis page.

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