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.
Digico Infrastructure REIT ( (AU:DGT) ) has issued an announcement.
DigiCo Infrastructure REIT announced that 127,480,458 of its securities were released from voluntary escrow, resulting in the company no longer holding a ‘substantial holding’ of its own securities as per the Corporations Act 2001. This change does not involve the sale or disposal of securities by any substantial holder and may impact the company’s market positioning by potentially increasing the liquidity of its shares.
The most recent analyst rating on (AU:DGT) stock is a Hold with a A$3.30 price target. To see the full list of analyst forecasts on Digico Infrastructure REIT stock, see the AU:DGT Stock Forecast page.
More about Digico Infrastructure REIT
DigiCo Infrastructure REIT (DGT) is a diversified owner, operator, and developer of data centres with a global portfolio. The company has a broad investment mandate across Stabilised, Value-add, and Development opportunities. Its portfolio consists of 13 data centres in key Australian and North American markets, with a planned IT capacity of 238MW, including 76MW of installed IT capacity and a 162MW development pipeline.
Average Trading Volume: 2,778,566
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$1.52B
Find detailed analytics on DGT stock on TipRanks’ Stock Analysis page.