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MedAdvisor Announces Change in Substantial Holder’s Interests

Story Highlights
  • MedAdvisor Limited’s substantial holder, Guild Group Holdings Limited, holds 94,905,130 shares.
  • Guild Group’s voting power reduced from 18% to 15.19% due to capital offer changes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MedAdvisor Announces Change in Substantial Holder’s Interests

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MedAdvisor Limited ( (AU:MDR) ) has issued an announcement.

MedAdvisor Limited has announced a change in the interests of its substantial holder, Guild Group Holdings Limited, which now holds 94,905,130 fully paid ordinary shares. This change reflects a reduction in Guild Group Holdings Limited’s voting power due to non-participation in a capital raising offer, while they participated in an entitlement offer, impacting their voting power from 18% to 15.19%.

The most recent analyst rating on (AU:MDR) stock is a Buy with a A$0.53 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: 821,120

Technical Sentiment Signal: Sell

Current Market Cap: A$53.73M

Find detailed analytics on MDR stock on TipRanks’ Stock Analysis page.

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