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FIL Limited Acquires Substantial Stake in Adherium Limited

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FIL Limited Acquires Substantial Stake in Adherium Limited

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Adherium Ltd. ( (AU:ADR) ) has issued an update.

FIL Limited has become a substantial holder in Adherium Limited, acquiring a 5.62% voting power through 77,982,072 common stock shares. This acquisition marks a significant investment by FIL Limited, potentially impacting Adherium’s market position and signaling confidence in the company’s future prospects.

More about Adherium Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$8.98M

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

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