Home Consortium Ltd (AU:HMC) has released an update.
HMC Capital Limited has reported an increase in its substantial holding in Baby Bunting Group Ltd (ASX: BBN), with its voting power rising from 12.31% to 14.87% through a series of on-market share acquisitions. The transactions, ranging in individual share prices from $1.31 to $1.40, have grown HMC Capital’s influence in BBN as detailed in their recent disclosure. This move by HMC Capital could indicate a growing confidence in Baby Bunting Group’s market performance and future prospects.
For further insights into AU:HMC stock, check out TipRanks’ Stock Analysis page.