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Peoplein Limited ( (AU:PPE) ) has provided an update.
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 August 8, 2025. This change comes after the sale of 297,372 shares at $0.615 per share, amounting to a total consideration of $182,883.78. The divestment indicates a shift in Mercer’s investment strategy, potentially impacting Peoplein Limited’s shareholder composition and market perception.
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: 215,848
Technical Sentiment Signal: Sell
Current Market Cap: A$68.48M
For a thorough assessment of PPE stock, go to TipRanks’ Stock Analysis page.
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