Rubicon Water Limited (AU:RWL) has released an update.
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Australian Ethical Investment Limited has increased its stake in Rubicon Water Limited, with its voting power surging from 6.40% to 11.39% after the recent acquisition of additional shares. The change of interests for this substantial holder took place on August 13, 2024, marking a significant shift in the company’s shareholder landscape. This development could indicate growing confidence in Rubicon Water’s performance and strategic direction.
For further insights into AU:RWL stock, check out TipRanks’ Stock Analysis page.