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Cettire Ltd. ( (AU:CTT) ) has shared an update.
Cettire Ltd. has announced that First Sentier Investors RQI Pty Ltd, a wholly-owned subsidiary of First Sentier Investors Holdings Pty Limited, has acquired a substantial holding in the company. This acquisition includes 19,705,097 fully paid ordinary shares, giving First Sentier a significant voting power of 5.17%. This move reflects a strategic investment by Mitsubishi UFJ Financial Group, which indirectly owns First Sentier, potentially impacting Cettire’s market positioning and shareholder dynamics.
The most recent analyst rating on (AU:CTT) stock is a Sell with a A$1.30 price target. To see the full list of analyst forecasts on Cettire Ltd. stock, see the AU:CTT Stock Forecast page.
More about Cettire Ltd.
Average Trading Volume: 5,137,594
Technical Sentiment Signal: Sell
Current Market Cap: A$146.8M
See more insights into CTT stock on TipRanks’ Stock Analysis page.