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An update from Macquarie Group Limited ( (AU:MQG) ) is now available.
Macquarie Group Limited has lodged a notice stating that it and its controlled entities have ceased to be a substantial holder in Beetaloo Energy Australia Limited, formally recording a change in their relevant voting interests under Australian Corporations Act disclosure rules. The filing, signed by Assistant Company Secretary Olivia Shepherd and supported by an extensive list of controlled bodies corporate, clarifies changes in association and voting interests, signalling a withdrawal or material reduction of Macquarie’s significant stake in Beetaloo and potentially altering the ownership and influence dynamics around the energy company for other investors and stakeholders.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$221.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services group headquartered in Sydney, operating through Macquarie Bank Limited and a wide network of controlled corporate entities across Australia and numerous international markets. Its businesses span investment banking, asset management, commodities and global markets, and specialist infrastructure and energy investments, often executed through complex holding structures and project vehicles in sectors such as renewables, real assets and structured finance.
Average Trading Volume: 699,381
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$77.44B
Learn more about MQG stock on TipRanks’ Stock Analysis page.