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Major Stake Increase in Alice Queen Ltd by FINICO
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Major Stake Increase in Alice Queen Ltd by FINICO

Alice Queen Ltd. (AU:AQX) has released an update.

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FINICO PTY LTD, operating under the Morris Family Account, has significantly increased its stake in Alice Queen Limited, with its voting power rising from 7.40% to 11.28% through a series of on-market purchases. These transactions, which occurred between April 8 and April 10, 2024, involved the acquisition of over 26 million ordinary shares at $0.006 per share. The move signals a growing confidence by the substantial shareholder in the future prospects of Alice Queen Ltd.

For further insights into AU:AQX stock, check out TipRanks’ Stock Analysis page.

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