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MedAdvisor Limited ( (AU:MDR) ) has shared an announcement.
Jencay Capital Pty Limited has become a substantial holder in MedAdvisor Limited, acquiring a 5.11% voting power through the purchase of 28,187,111 ordinary shares. This acquisition signifies a notable investment in MedAdvisor, potentially impacting the company’s strategic direction and indicating a positive outlook for stakeholders regarding MedAdvisor’s market positioning and future growth prospects.
More about MedAdvisor Limited
MedAdvisor Limited operates in the healthcare industry, focusing on providing digital solutions aimed at improving medication management and health outcomes. The company’s primary products and services include technology platforms and applications that help patients, healthcare providers, and pharmacies manage and optimize medication use.
YTD Price Performance: -6.82%
Average Trading Volume: 873,836
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$113.2M
See more insights into MDR stock on TipRanks’ Stock Analysis page.
