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The latest announcement is out from Nine Entertainment Co. Holdings Limited ( (AU:NEC) ).
Yarra Capital Management Limited and its associated entities have become substantial holders in Nine Entertainment Co. Holdings Limited, a major player in the entertainment industry. The group now holds a 5.43% voting power in the company, having acquired a significant number of shares over the past four months. This development indicates a strategic investment move by Yarra Capital Management, potentially impacting Nine Entertainment’s shareholder dynamics and market positioning.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
More about Nine Entertainment Co. Holdings Limited
Average Trading Volume: 6,643,646
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.92B
Learn more about NEC stock on TipRanks’ Stock Analysis page.