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DMX Asset Management Increases Stake in RPM Automotive Group

Story Highlights
  • RPM Automotive Group’s substantial shareholder, DMX Asset Management, increased its voting power.
  • DMX Asset Management’s increased stake may impact RPM’s market positioning and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DMX Asset Management Increases Stake in RPM Automotive Group

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RPM Automotive Group Ltd. ( (AU:RPM) ) has provided an announcement.

RPM Automotive Group Ltd. has experienced a change in the interests of its substantial shareholder, DMX Asset Management Limited. The notice indicates an increase in voting power from 10.76% to 11.86%, reflecting recent on-market purchases of ordinary shares. This change signifies a growing confidence and investment in RPM Automotive Group Ltd. by DMX Asset Management, potentially impacting the company’s market positioning and stakeholder interests.

More about RPM Automotive Group Ltd.

Average Trading Volume: 520,326

Technical Sentiment Signal: Sell

Current Market Cap: A$15.45M

For a thorough assessment of RPM stock, go to TipRanks’ Stock Analysis page.

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