Infomedia Ltd ( (AU:IFM) ) has provided an update.
Cooper Investors Pty Limited has increased its voting power in Infomedia Ltd, a company involved in providing automotive data and software solutions, from 5.0182% to 6.3087% by purchasing additional shares. This change in substantial holding indicates a strategic move by Cooper Investors to strengthen its influence in Infomedia Ltd, potentially impacting the company’s governance and future strategic decisions.
More about Infomedia Ltd
YTD Price Performance: -13.49%
Average Trading Volume: 354,614
Technical Sentiment Signal: Buy
Current Market Cap: A$497.9M
For an in-depth examination of IFM stock, go to TipRanks’ Stock Analysis page.