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Austin Engineering ( (AU:ANG) ) just unveiled an update.
Thorney International Pty Ltd has increased its stake in Austin Engineering Limited, raising its voting power from 19.33% to 20.38%. This change in substantial holding reflects Thorney’s continued investment and confidence in Austin Engineering’s operations and market positioning, potentially impacting the company’s strategic decisions and stakeholder interests.
The most recent analyst rating on (AU:ANG) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.
More about Austin Engineering
Austin Engineering Limited operates in the engineering industry, focusing on the design and manufacture of customized mining equipment and solutions. The company primarily serves the mining sector, providing products such as dump truck bodies, buckets, and other ancillary equipment.
Average Trading Volume: 1,448,611
Technical Sentiment Signal: Sell
Current Market Cap: A$220.3M
Find detailed analytics on ANG stock on TipRanks’ Stock Analysis page.
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