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Thorney Opportunities Increases Stake in EarlyPay Limited

Story Highlights
  • EarlyPay Limited’s substantial holder, Thorney Opportunities Ltd, increased its voting power to 14.43%.
  • Thorney’s strategic share acquisition may influence EarlyPay’s market dynamics and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Thorney Opportunities Increases Stake in EarlyPay Limited

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EarlyPay Limited ( (AU:EPY) ) has provided an update.

EarlyPay Limited, a company listed on the ASX, has experienced a change in the interests of a substantial holder, Thorney Opportunities Ltd, which now holds a 14.43% voting power in the company, up from 12.88%. This increase in shares, through market purchases by Thorney Investment Group entities, suggests a strategic move by Thorney to strengthen its position in EarlyPay, potentially impacting the company’s market dynamics and stakeholder interests.

The most recent analyst rating on (AU:EPY) stock is a Buy with a A$0.29 price target. To see the full list of analyst forecasts on EarlyPay Limited stock, see the AU:EPY Stock Forecast page.

More about EarlyPay Limited

Average Trading Volume: 1,480,058

Technical Sentiment Signal: Sell

Current Market Cap: A$55.8M

For a thorough assessment of EPY stock, go to TipRanks’ Stock Analysis page.

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