SiteMinder Limited ( (AU:SDR) ) just unveiled an announcement.
Australian Ethical Investment Limited has become a substantial holder in SiteMinder Limited, acquiring a 5.04% voting power with 14,131,015 ordinary shares. This acquisition signifies a strategic investment by Australian Ethical, potentially impacting SiteMinder’s market positioning and signaling confidence in its business model and future growth prospects.
More about SiteMinder Limited
SiteMinder Limited operates in the technology industry, focusing on providing cloud-based solutions for the hotel sector. The company specializes in offering a platform that connects hotels to various online distribution channels, enhancing their visibility and booking capabilities.
YTD Price Performance: -28.64%
Average Trading Volume: 1,045,161
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.23B
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