Argo Investments Limited (AU:ARG) has released an update.
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Argo Investments Limited has announced its position as a substantial holder in Amotiv Limited, acquiring a 5.21% stake with 7,343,862 ordinary shares. The investments, totaling $10,250,000 for 1,000,000 shares, were completed on two separate transactions before the company became a substantial holder. This financial move by Argo Investments indicates a significant interest in the future of Amotiv Limited.
For further insights into AU:ARG stock, check out TipRanks’ Stock Analysis page.