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The latest announcement is out from Develop Global Limited ( (AU:DVP) ).
Develop Global Limited 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 an entity controlled by Morgan Stanley, affecting a significant number of fully paid ordinary shares. The implications of this change could impact the company’s shareholder structure and market perception.
The most recent analyst rating on (AU:DVP) stock is a Buy with a A$3.50 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Average Trading Volume: 1,453,364
Technical Sentiment Signal: Buy
Current Market Cap: A$1.47B
For detailed information about DVP stock, go to TipRanks’ Stock Analysis page.