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L1 Group Director Increases Shareholding

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L1 Group Director Increases Shareholding

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Platinum Asset Management Ltd ( (AU:L1G) ) has shared an announcement.

L1 Group Limited has announced a change in the director’s interest for Rachel Grimes, as detailed in the Appendix 3Y form submitted to the Australian Securities Exchange (ASX). Rachel Grimes has acquired 31,578 ordinary shares valued at $30,000, increasing her direct interest in the company. This change in director’s interest reflects an increase in personal investment by a key executive, which may signal confidence in the company’s future prospects and could influence stakeholder perceptions.

The most recent analyst rating on (AU:L1G) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Platinum Asset Management Ltd stock, see the AU:L1G Stock Forecast page.

More about Platinum Asset Management Ltd

YTD Price Performance: 53.27%

Average Trading Volume: 4,548,238

Technical Sentiment Signal: Buy

Current Market Cap: A$2.62B

Learn more about L1G stock on TipRanks’ Stock Analysis page.

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