Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Dalrymple Bay Infrastructure Ltd. ( (AU:DBI) ).
Dalrymple Bay Infrastructure Limited (DBI) has announced a significant change in the interests of its substantial holder, BIP Bermuda Holdings IV Limited. The change involves a reduction in voting power from 49.0% to 26.27% following the sale of 115,000,000 stapled securities as part of a block trade agreement. This adjustment in holdings may impact DBI’s market positioning and influence within the industry, potentially affecting stakeholder interests.
The most recent analyst rating on (AU:DBI) stock is a Hold with a A$2.91 price target. To see the full list of analyst forecasts on Dalrymple Bay Infrastructure Ltd. stock, see the AU:DBI Stock Forecast page.
More about Dalrymple Bay Infrastructure Ltd.
Average Trading Volume: 611,853
Technical Sentiment Signal: Buy
Current Market Cap: A$1.9B
See more data about DBI stock on TipRanks’ Stock Analysis page.