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Careteq Ltd. ( (AU:CTQ) ) has provided an announcement.
Careteq Limited has disclosed that DMX Asset Management Limited has ceased to be a substantial shareholder in the company. According to the notice, DMX Asset Management sold 33,109,651 ordinary shares for consideration of $231,767.56, resulting in the loss of its substantial holding status.
The change in DMX Asset Management’s position represents a significant shift in Careteq’s share register and may alter the company’s institutional investor base. No new associations were disclosed in connection with this change, indicating the move is primarily a divestment rather than part of a broader strategic realignment among major shareholders.
The most recent analyst rating on (AU:CTQ) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Careteq Ltd. stock, see the AU:CTQ Stock Forecast page.
More about Careteq Ltd.
Careteq Limited is an Australian-listed company, though the release provides no further detail on its industry, products, or services. The announcement is focused solely on changes to its share register rather than operational or strategic activities.
Average Trading Volume: 622,899
Technical Sentiment Signal: Sell
See more data about CTQ stock on TipRanks’ Stock Analysis page.