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Jencay Capital Boosts Stake in MedAdvisor Limited

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Jencay Capital Boosts Stake in MedAdvisor Limited

MedAdvisor Limited ( (AU:MDR) ) has shared an announcement.

Jencay Capital Pty Limited has increased its stake in MedAdvisor Limited, raising its voting power from 5.11% to 6.21% by purchasing 6,076,578 ordinary shares. This change in substantial holding reflects Jencay Capital’s growing interest in MedAdvisor, potentially impacting the company’s shareholder dynamics and signaling confidence in its market position.

More about MedAdvisor Limited

MedAdvisor Limited operates in the healthcare technology industry, providing digital medication management solutions. The company focuses on improving medication adherence and health outcomes through its platform, which connects patients with pharmacies and healthcare providers.

YTD Price Performance: -45.45%

Average Trading Volume: 619,765

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$66.24M

For an in-depth examination of MDR stock, go to TipRanks’ Stock Analysis page.

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