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MedAdvisor Limited ( (AU:MDR) ) has shared an update.
Mercer Investments (Australia) Limited, acting as the responsible entity for Mercer Australian Small Companies Fund, has become a substantial holder of MedAdvisor Limited, acquiring 5.035% of voting power through 27,790,619 ordinary fully paid shares as of January 15, 2025. This acquisition may indicate growing investor interest in MedAdvisor’s market potential and could influence the company’s strategic decisions and market positioning.
More about MedAdvisor Limited
MedAdvisor Limited operates in the healthcare technology industry, focusing on providing digital medication management solutions. The company aims to streamline medication-related processes for patients, healthcare professionals, and pharmacies, enhancing healthcare outcomes and efficiency.
YTD Price Performance: -2.27%
Average Trading Volume: 949,432
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$121.4M
Find detailed analytics on MDR stock on TipRanks’ Stock Analysis page.
