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An announcement from QPM Energy ( (AU:QPM) ) is now available.
Sandon Capital Pty Ltd has become a substantial holder in QPM Energy Ltd, acquiring a 5.1% voting power through its management of the Sandon Capital Activist Fund and Sandon Capital Investments Limited. This acquisition, involving over 128 million ordinary shares, signifies a strategic investment move by Sandon Capital, potentially influencing QPM Energy’s future operations and shareholder dynamics.
The most recent analyst rating on (AU:QPM) stock is a Buy with a A$0.11 price target. To see the full list of analyst forecasts on QPM Energy stock, see the AU:QPM Stock Forecast page.
More about QPM Energy
QPM Energy Ltd operates in the energy sector and is listed on the Australian Securities Exchange (ASX) under the ticker QPM. The company focuses on providing energy solutions, although specific details about its primary products or services were not provided in the release.
Average Trading Volume: 2,981,528
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$106.1M
See more insights into QPM stock on TipRanks’ Stock Analysis page.