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Micro-X Ltd. Announces Increase in Substantial Holdings

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Micro-X Ltd. Announces Increase in Substantial Holdings

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The latest update is out from Micro-X Ltd. ( (AU:MX1) ).

Micro-X Ltd. has announced a change in substantial holdings, as Perennial Value Management Limited’s voting power has increased from 11.69% to 12.90%. This change is attributed to a series of market transactions primarily involving HSBC, Citicorp Nominees Pty Limited, and Northern Trust, which have altered their interests in Micro-X’s securities. The issuance of new shares has increased the total shares on issue, impacting the company’s market dynamics. These developments are likely to influence Micro-X’s market positioning and shareholder structure.

More about Micro-X Ltd.

YTD Price Performance: -17.50%

Average Trading Volume: 580,108

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$43.02M

For a thorough assessment of MX1 stock, go to TipRanks’ Stock Analysis page.

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