Nuheara Ltd. (AU:NUH) has released an update.
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Nuheara Limited has experienced a significant change in ownership, with Farjoy Pty Ltd increasing its stake in the company from 10.76% to 13.98% through a placement and rights issue, purchasing shares at $0.06 and $0.13 respectively. This shift in substantial holding reflects a notable change in the investment landscape for Nuheara, potentially signaling increased investor confidence or strategic positioning by Farjoy Pty Ltd.
For further insights into AU:NUH stock, check out TipRanks’ Stock Analysis page.