GTN Ltd. (AU:GTN) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Viburnum Holdings has significantly increased its stake in GTN Limited, now holding 69.23% of its ordinary shares, up from 53.35%. This acquisition comes as a result of Viburnum’s takeover offer, with shares valued at $0.465 each. Investors keen on market movements may find this strategic move by Viburnum indicative of potential future developments in GTN’s market position.
For further insights into AU:GTN stock, check out TipRanks’ Stock Analysis page.