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James T. Grenon Acquires Substantial Stake in NZME Limited

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James T. Grenon Acquires Substantial Stake in NZME Limited

An update from NZME Ltd. ( (NZMEF) ) is now available.

James T. Grenon has acquired a substantial holding in NZME Limited, a company listed on the NZX and ASX, by purchasing 9.321% of its ordinary shares. This acquisition, made through both on-market and off-market transactions, is intended for investment purposes, with no current plans for a takeover bid, potentially impacting the company’s shareholder structure and market perception.

More about NZME Ltd.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $121.3M

For a thorough assessment of NZMEF stock, go to TipRanks’ Stock Analysis page.

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