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Austal Limited ( (AU:ASB) ) has shared an update.
Austal Limited has announced a significant change in its shareholder structure with the emergence of a new substantial holder. This development involves various financial institutions and investment management firms gaining substantial voting power in the company. The announcement may impact Austal’s strategic decisions and influence its market positioning, given the involvement of prominent global financial entities.
More about Austal Limited
YTD Price Performance: 36.76%
Average Trading Volume: 6,382
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.08B
Learn more about ASB stock on TipRanks’ Stock Analysis page.