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MedAdvisor Limited ( (AU:MDR) ) has provided an update.
MedAdvisor Limited has announced a change in the interests of its substantial holder, EBOS Group Limited, which is a key player in the healthcare and pharmaceutical distribution industry. The announcement indicates a dilution in EBOS’s voting power from 9.81% to 8.65% due to the issuance of new shares by MedAdvisor, including a recent placement and share purchase plan. This change reflects a strategic adjustment in the company’s shareholder structure, potentially impacting its governance dynamics and stakeholder interests.
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
Average Trading Volume: 733,591
Technical Sentiment Signal: Sell
Current Market Cap: A$59.77M
Learn more about MDR stock on TipRanks’ Stock Analysis page.