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Mercer Investments Reduces Stake in Peoplein Limited

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Mercer Investments Reduces Stake in Peoplein Limited

Confident Investing Starts Here:

Peoplein Limited ( (AU:PPE) ) has issued an announcement.

Mercer Investments (Australia) Limited, acting as the responsible entity for the Mercer Australian Small Companies Fund, has ceased to be a substantial holder in Peoplein Limited as of May 14, 2025. This change occurred following the sale of 300,000 shares at $0.7375 per share, which may impact Peoplein Limited’s shareholder composition and potentially influence market perceptions regarding its stock value.

The most recent analyst rating on (AU:PPE) stock is a Buy with a A$1.12 price target. To see the full list of analyst forecasts on Peoplein Limited stock, see the AU:PPE Stock Forecast page.

More about Peoplein Limited

Average Trading Volume: 116,635

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$77.71M

For detailed information about PPE stock, go to TipRanks’ Stock Analysis page.

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