Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Home Consortium Ltd ( (AU:HMC) ) just unveiled an announcement.
Spotlight Group Holdings Pty Ltd (SGH) has significantly reduced its voting power in HMC Capital Ltd, decreasing from 24.47% to 5.28%. This change is a result of a series of transactions involving the sale and purchase of ordinary shares by Fralara and other entities, culminating in Alara ceasing to hold a relevant interest in HMC’s ordinary shares. The shift in voting power may impact HMC Capital Ltd’s shareholder dynamics and influence within the company, potentially affecting strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$10.85 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
Average Trading Volume: 1,933,844
Technical Sentiment Signal: Sell
Current Market Cap: A$2.17B
For a thorough assessment of HMC stock, go to TipRanks’ Stock Analysis page.