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Austin Engineering ( (AU:ANG) ) just unveiled an announcement.
Austin Engineering Limited, a company listed on the ASX, has experienced a change in the interests of its substantial holder, Thorney Opportunities Ltd. The substantial holder’s voting power increased from 19.33% to 20.38% due to a series of market transactions involving the purchase and sale of ordinary shares. This change in voting power could potentially impact Austin Engineering’s shareholder dynamics and influence future company decisions.
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
Average Trading Volume: 1,448,611
Technical Sentiment Signal: Sell
Current Market Cap: A$220.3M
For an in-depth examination of ANG stock, go to TipRanks’ Stock Analysis page.