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Titomic Ltd Substantial Holder Increases Stake

Story Highlights
  • Maybank Securities Pte. Ltd. now holds an 8.09% voting power in Titomic Ltd.
  • The increase in voting power could impact Titomic’s strategic decisions and stakeholder interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Titomic Ltd Substantial Holder Increases Stake

Confident Investing Starts Here:

Titomic Ltd ( (AU:TTT) ) has shared an announcement.

Titomic Ltd has announced a change in the interests of its substantial holder, Maybank Securities Pte. Ltd., which now holds an 8.09% voting power in the company, up from 7.49%. This increase in voting power, resulting from a trade worth A$2,400,000 for 8,000,000 ordinary shares, signifies a strengthened position for Maybank Securities within Titomic, potentially impacting the company’s strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.

More about Titomic Ltd

Average Trading Volume: 3,226,200

Technical Sentiment Signal: Buy

Current Market Cap: A$424.2M

Learn more about TTT stock on TipRanks’ Stock Analysis page.

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