Motorcycle Holdings Ltd. (AU:MTO) has released an update.
Bennelong Funds Management Group Pty Ltd has officially sold its substantial stake in Motorcycle Holdings Limited, consisting of 2,504,794 ordinary shares, as reported on May 1, 2024. This divestment marks their exit as a significant shareholder, a status previously noted in an announcement on April 12, 2023. The sale of these shares was conducted on the open market, indicating a shift in the company’s investment strategy.
For further insights into AU:MTO stock, check out TipRanks’ Stock Analysis page.