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.
Service Stream Limited ( (AU:SSM) ) has provided an announcement.
Service Stream Limited has announced that Australian Retirement Trust Pty Ltd, acting as a trustee for a superannuation fund, has become a substantial holder in the company with a 5.215% voting power through the acquisition of 32,124,918 fully paid ordinary shares. This development signifies a notable investment in Service Stream Limited, potentially impacting its market positioning and indicating confidence from a significant institutional investor, which could influence future strategic decisions and shareholder value.
More about Service Stream Limited
YTD Price Performance: 0.52%
Average Trading Volume: 4
Technical Sentiment Signal: Sell
Current Market Cap: €620M
Learn more about SSM stock on TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money