Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ariadne Australia Limited ( (AU:ARA) ) has issued an announcement.
Ariadne Australia Limited has increased its voting power in Coast Entertainment Holdings Limited from 10.55% to 11.63% through its subsidiary, Portfolio Services Pty Limited. This change in substantial holding reflects Ariadne’s strategy of strengthening its influence in companies where it holds significant stakes, potentially impacting Coast Entertainment Holdings’ strategic decisions and operations.
More about Ariadne Australia Limited
Ariadne Australia Limited is a company involved in investment and asset management, focusing on enhancing shareholder value through strategic investments and management of its portfolio. It operates in the financial services industry and has a market focus on acquiring substantial interests in companies to influence their strategic direction.
Average Trading Volume: 29,157
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$92.6M
Learn more about ARA stock on TipRanks’ Stock Analysis page.