Argo Investments Takes Substantial Stake in Amotiv
Company Announcements

Argo Investments Takes Substantial Stake in Amotiv

G.U.D. Holdings (AU:AOV) has released an update.

Argo Investments Limited has become a substantial holder in Amotiv Limited, acquiring a 5.21% stake with over 7 million ordinary shares, as indicated by a recent filing. The investment company secured this position through transactions including a notable $10.25 million purchase of 1 million shares. This move could signal Argo Investments’ strong belief in Amotiv’s future prospects and potential impact on the company’s stock performance.

For further insights into AU:AOV stock, check out TipRanks’ Stock Analysis page.

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