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An announcement from Cromwell Property Group ( (AU:CMW) ) is now available.
Cromwell Property Group has experienced a significant change in its substantial holders’ interests, with a reduction in voting power from 30.705% to 19.89%. This change is due to the disposal of ordinary stapled securities by MEGA EquityCo and associated entities, impacting the company’s ownership structure and potentially influencing its strategic direction.
The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.
More about Cromwell Property Group
Cromwell Property Group operates in the real estate industry, focusing on property investment and management. It comprises Cromwell Corporation Limited and Cromwell Property Securities Limited, managing the Cromwell Diversified Property Trust.
Average Trading Volume: 7,379,576
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$942.8M
For an in-depth examination of CMW stock, go to TipRanks’ Stock Analysis page.