Namoi Cotton Ltd (AU:NAM) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Louis Dreyfus Company Melbourne Holdings Pty Ltd (LDC Group) has increased its stake in Namoi Cotton Limited, with its voting power now at 70.12% following recent acquisitions. The LDC Group’s interest in Namoi rose due to acceptances of offers made under a takeover bid and additional on-market purchases. This marks a significant change in the company’s substantial holdings, reflecting a strategic move by the LDC Group in its investment in Namoi Cotton.
For further insights into AU:NAM stock, check out TipRanks’ Stock Analysis page.