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Jencay Capital Increases Stake in MedAdvisor Limited

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Jencay Capital Increases Stake in MedAdvisor Limited

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MedAdvisor Limited ( (AU:MDR) ) has shared an update.

Jencay Capital Pty Limited, a substantial holder in MedAdvisor Limited, has increased its voting power from 7.24% to 8.39% by purchasing an additional 9,142,870 ordinary shares. This change in shareholding indicates a growing interest and confidence in MedAdvisor’s operations, potentially impacting the company’s market positioning and signaling positive implications for stakeholders.

The most recent analyst rating on (AU:MDR) stock is a Hold with a A$0.21 price target. To see the full list of analyst forecasts on MedAdvisor Limited stock, see the AU:MDR Stock Forecast page.

More about MedAdvisor Limited

MedAdvisor Limited operates in the healthcare technology industry, focusing on providing digital medication management solutions. The company aims to improve patient health outcomes by offering services that help users manage their medications effectively.

Average Trading Volume: 994,248

Technical Sentiment Signal: Sell

Current Market Cap: A$30.61M

Learn more about MDR stock on TipRanks’ Stock Analysis page.

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