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The latest update is out from Ardent Leisure Group Ltd ( (AU:CEH) ).
Ardent Leisure Group Ltd has announced that Mirrabooka Investments Limited has become a substantial holder in the company, holding 20,000,000 ordinary shares which constitute a 5.03% voting power. This change in substantial holding was due to a decrease in the number of shares on issue following an on-market buy-back, rather than any new acquisition of shares. The filing of this notice was delayed due to an administrative oversight, but the company has assured that this is an isolated incident and that they have the necessary practices in place to ensure compliance with disclosure requirements.
The most recent analyst rating on (AU:CEH) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Ardent Leisure Group Ltd stock, see the AU:CEH Stock Forecast page.
More about Ardent Leisure Group Ltd
Average Trading Volume: 692,996
Technical Sentiment Signal: Sell
Current Market Cap: A$157M
Find detailed analytics on CEH stock on TipRanks’ Stock Analysis page.