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Pinnacle Investment Acquires Significant Stake in Praemium Ltd

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Pinnacle Investment Acquires Significant Stake in Praemium Ltd

Praemium Ltd ( (AU:PPS) ) has provided an announcement.

Pinnacle Investment Management Group Limited has become a substantial holder in Praemium Ltd, acquiring a 5.05% voting power with 24,115,830 ordinary fully paid shares. This acquisition marks a significant stake in Praemium Ltd, potentially influencing its future strategic decisions and impacting its market position.

More about Praemium Ltd

YTD Price Performance: -3.38%

Average Trading Volume: 1,158,702

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$341.6M

For an in-depth examination of PPS stock, go to TipRanks’ Stock Analysis page.

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