The latest announcement is out from Macquarie Telecom Group Limited ( (AU:MAQ) ).
Viburnum Funds Pty Ltd has become a substantial holder in Macquarie Technology Group Limited, acquiring a 5.10% voting power through the purchase of 1,314,790 fully paid ordinary shares. This acquisition reflects Viburnum’s strategic interest in Macquarie Technology, potentially impacting the company’s market positioning and shareholder dynamics.
More about Macquarie Telecom Group Limited
Macquarie Technology Group Limited operates in the technology and telecommunications industry, providing a range of services including data centers, cloud computing, and telecommunications solutions. The company is focused on delivering advanced technology services to businesses, enhancing their operational efficiency and connectivity.
YTD Price Performance: -22.14%
Average Trading Volume: 56,957
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$1.77B
See more insights into MAQ stock on TipRanks’ Stock Analysis page.
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