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The latest announcement is out from Tourism Holdings Limited ( (AU:THL) ).
Tourism Holdings Limited has disclosed a movement in its substantial holding, with SPV and BGH Capital increasing their stake in the company to 19.990% from 17.795%. This change results from an agreement between SPV and Wilson Asset Management to purchase 4,852,071 shares for approximately NZ$10.9 million. The transaction reflects a strategic move by SPV and BGH Capital to strengthen their position in the company, potentially impacting its future operations and market strategies.
The most recent analyst rating on (AU:THL) stock is a Hold with a A$2.02 price target. To see the full list of analyst forecasts on Tourism Holdings Limited stock, see the AU:THL Stock Forecast page.
More about Tourism Holdings Limited
Tourism Holdings Limited operates in the tourism industry, primarily focusing on providing rental and sales of motorhomes and campervans. The company is a significant player in the New Zealand market and is listed on the NZX under the code THL.
Average Trading Volume: 35,190
Technical Sentiment Signal: Sell
Current Market Cap: A$298.9M
Learn more about THL stock on TipRanks’ Stock Analysis page.