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Pinnacle Investment Gains Significant Stake in Nine Entertainment

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Pinnacle Investment Gains Significant Stake in Nine Entertainment

Confident Investing Starts Here:

Pinnacle Investment Management Group Limited ( (AU:PNI) ) just unveiled an announcement.

Pinnacle Investment Management Group Limited has become a substantial holder in Nine Entertainment Co Holdings Limited, acquiring a 5.01% voting power through ordinary fully paid shares. This strategic move enhances Pinnacle’s influence in the media industry, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (AU:PNI) stock is a Hold with a A$14.50 price target. To see the full list of analyst forecasts on Pinnacle Investment Management Group Limited stock, see the AU:PNI Stock Forecast page.

More about Pinnacle Investment Management Group Limited

Pinnacle Investment Management Group Limited is a company that operates in the investment management industry. It focuses on providing a range of investment management services through its subsidiaries, catering to various market segments.

Average Trading Volume: 1,032,564

Technical Sentiment Signal: Buy

Current Market Cap: A$4.32B

Find detailed analytics on PNI stock on TipRanks’ Stock Analysis page.

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