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Urbanise.com ( (AU:UBN) ) has issued an update.
National Australia Bank Limited (NAB) and its subsidiaries have become substantial holders in Urbanise.com Limited, acquiring a 15% voting power through the purchase of 11,796,136 fully paid ordinary shares. This acquisition, valued at $8,811,713.59, signifies a strategic investment by NAB, potentially impacting Urbanise.com’s market positioning and stakeholder interests by aligning with a major financial institution.
More about Urbanise.com
Average Trading Volume: 10,428
Technical Sentiment Signal: Hold
Current Market Cap: A$45.16M
See more data about UBN stock on TipRanks’ Stock Analysis page.