Locality Planning Energy Holdings Limited (AU:LPE) has released an update.
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Boutique Capital Pty Ltd, trading under the Tectonic Opportunities Fund, has increased its stake in Locality Planning Energy Holdings Limited, with its voting power rising from 6.96% to 8.72% following an on-market purchase. The fund acquired an additional 3,168,313 ordinary shares for a consideration of $396,039.13 on May 22, 2024. This strategic move signals a growing confidence in the company’s prospects by one of its substantial shareholders.
For further insights into AU:LPE stock, check out TipRanks’ Stock Analysis page.