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Ideagen Reduces Stake in EnviroSuite Ltd

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Ideagen Reduces Stake in EnviroSuite Ltd

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The latest announcement is out from EnviroSuite Ltd ( (AU:EVS) ).

Ideagen Limited, a substantial holder in EnviroSuite Ltd, has reduced its voting power from 18.03% to 14.95% due to the lapse of a call option deed with Perennial Value Management Limited. This change in shareholding could impact EnviroSuite’s market dynamics and stakeholder interests, as Ideagen’s influence within the company diminishes.

The most recent analyst rating on (AU:EVS) stock is a Buy with a A$0.06 price target. To see the full list of analyst forecasts on EnviroSuite Ltd stock, see the AU:EVS Stock Forecast page.

More about EnviroSuite Ltd

EnviroSuite Ltd operates in the environmental technology industry, providing software solutions that help businesses manage environmental impacts. Their primary products include real-time monitoring and predictive analytics tools, focusing on industries such as aviation, mining, and waste management.

Average Trading Volume: 3,127,859

Technical Sentiment Signal: Hold

Current Market Cap: A$121.7M

See more insights into EVS stock on TipRanks’ Stock Analysis page.

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