Enero Group Limited (AU:EGG) has released an update.
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Mercer Investments (Australia) Limited has become a substantial holder in Enero Group Limited, acquiring a 5.172% voting power through its Mercer Australian Small Companies Fund and TSA Equity Fund #1. This move indicates a significant investment interest in Enero Group, potentially impacting the company’s market stance. Investors might want to keep an eye on the influence this substantial holding could have on Enero’s strategic decisions and stock performance.
For further insights into AU:EGG stock, check out TipRanks’ Stock Analysis page.