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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has provided an announcement.
Washington H. Soul Pattinson and Company Limited has announced that it has ceased to be a substantial holder in Enlitic Inc. This change is due to a technical interest related to holding more than 20% voting power in Pengana Capital Group Limited, which has resulted in a change in Enlitic’s shares on issue. The announcement may impact the company’s operations and industry positioning, particularly in its investment strategies and stakeholder relations.
The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.
More about Washington H. Soul Pattinson and Co.
Washington H. Soul Pattinson and Company Limited (Soul Patts) is an Australian public company that has evolved from owning and operating pharmacies to becoming an investment house with a diversified portfolio across multiple industries. The company focuses on long-term investments to deliver superior returns through capital growth and regular dividends, offering access to asset classes such as listed equities, private markets, credit, and property.
YTD Price Performance: 19.27%
Average Trading Volume: 521,604
Technical Sentiment Signal: Buy
Current Market Cap: A$14.83B
Find detailed analytics on SOL stock on TipRanks’ Stock Analysis page.