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JM Financial Group Acquires Substantial Stake in Elementos Limited

Story Highlights

Elementos Limited ( (AU:ELT) ) has provided an announcement.

Elementos Limited has announced that JM Financial Group Limited has become a substantial holder in the company, acquiring a 5.14% voting power through 12,147,408 ordinary shares. This development indicates a significant investment and interest from JM Financial Group, potentially impacting Elementos Limited’s market positioning and signaling confidence in the company’s future prospects.

More about Elementos Limited

Average Trading Volume: 219,997

Technical Sentiment Signal: Sell

Current Market Cap: A$16.06M

For a thorough assessment of ELT stock, go to TipRanks’ Stock Analysis page.

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