IDT Australia Limited (AU:IDT) has released an update.
IDT Australia Ltd has experienced a significant change in shareholding, with Sandon Capital Pty Ltd increasing its voting power from 16.6% to 18.0%. The shift occurred through on-market purchases and participation in an entitlement offer, with Sandon Capital Pty Ltd now holding a total of 77,326,834 ordinary shares. These recent transactions underscore an active interest and potential influence by Sandon Capital in IDT Australia’s business direction.
For further insights into AU:IDT stock, check out TipRanks’ Stock Analysis page.
