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Amplitude Energy ( (AU:AEL) ) has provided an update.
Amplitude Energy Ltd has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in substantial holding is due to the purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, impacting the voting securities and potentially altering the company’s shareholder dynamics.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$3.25 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.
More about Amplitude Energy
YTD Price Performance: 26.13%
Average Trading Volume: 509,762
Technical Sentiment Signal: Buy
Current Market Cap: A$834.2M
See more data about AEL stock on TipRanks’ Stock Analysis page.