MedAdvisor Limited ( (AU:MDR) ) has provided an update.
MedAdvisor Limited has announced a change in the substantial holding of its shares by Jencay Capital Pty Limited. Jencay Capital has increased its voting power from 6.21% to 7.24% through market purchases and participation in a placement, acquiring an additional 8,983,390 shares. This change reflects a strategic move by Jencay Capital to strengthen its influence within MedAdvisor, potentially impacting the company’s governance and future strategic decisions.
More about MedAdvisor Limited
YTD Price Performance: -56.36%
Average Trading Volume: 630,973
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$50.21M
For an in-depth examination of MDR stock, go to TipRanks’ Stock Analysis page.