Ai-Media Technologies Limited (AU:AIM) has released an update.
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Anthony Abrahams, a substantial holder in Ai-Media Technologies Limited, has increased his stake in the company from 14.59% to 16.92% through recent on-market acquisitions. Abrahams purchased additional shares totaling over 5 million, at prices ranging from $0.3084 to $0.31 per share. These transactions have significantly boosted his voting power in the firm, signaling a growing confidence in Ai-Media’s prospects.
For further insights into AU:AIM stock, check out TipRanks’ Stock Analysis page.