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An update from Amplitude Energy ( (AU:AEL) ) is now available.
Amplitude Energy Limited has announced that Mitsubishi UFJ Financial Group, Inc. has become a substantial holder, acquiring a significant voting power in the company. This development indicates a strategic move by Mitsubishi UFJ Financial Group to strengthen its influence in Amplitude Energy, potentially impacting the company’s governance and future business decisions.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.30 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
Average Trading Volume: 3,726,217
Technical Sentiment Signal: Buy
Current Market Cap: A$649.6M
See more insights into AEL stock on TipRanks’ Stock Analysis page.