AustralianSuper Acquires 5% Stake in Alpha HPA Limited

Alpha HPA Limited ( (AU:A4N) ) has shared an update.

AustralianSuper Pty Ltd has become a substantial holder in Alpha HPA Limited, acquiring a 5% voting power with 56,839,220 ordinary shares. This acquisition signifies a notable investment by AustralianSuper, potentially impacting Alpha HPA’s market position and signaling confidence in the company’s future prospects.

More about Alpha HPA Limited

Alpha HPA Limited operates in the high purity alumina industry, focusing on the production and supply of high purity alumina products. These products are primarily used in LED lighting, lithium-ion batteries, and other high-tech applications, positioning the company within the advanced materials market.

YTD Price Performance: 2.81%

Average Trading Volume: 1,805,163

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$1.04B

For detailed information about A4N stock, go to TipRanks’ Stock Analysis page.