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Pinnacle Investment Acquires Significant Stake in Seven West Media

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Pinnacle Investment Acquires Significant Stake in Seven West Media

Seven West Media Limited ( (AU:SWM) ) has issued an update.

Pinnacle Investment Management Group Limited has become a substantial holder in Seven West Media Limited, acquiring a 5.27% voting power with 81,179,499 ordinary fully paid shares. This acquisition signifies a notable investment in Seven West Media, potentially impacting the company’s shareholder dynamics and market perception.

More about Seven West Media Limited

Seven West Media Limited operates in the media industry, focusing on television broadcasting, newspaper publishing, and digital media services. It is a major player in the Australian market, providing a range of entertainment and news content to a broad audience.

YTD Price Performance: 3.75%

Average Trading Volume: 579

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €137.8M

See more insights into SWM stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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