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MedAdvisor’s Substantial Holder Increases Stake

Story Highlights
  • Perennial Value Management Limited increased its voting power in MedAdvisor from 13.33% to 15.03%.
  • This change indicates a stronger influence of Perennial in MedAdvisor’s corporate decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An announcement from MedAdvisor Limited ( (AU:MDR) ) is now available.

MedAdvisor Limited has reported a change in the substantial holding of Perennial Value Management Limited, which has increased its voting power from 13.33% to 15.03%. This change was facilitated through a series of market transactions involving various financial institutions, indicating an active adjustment in investment strategy. The increase in voting power suggests a stronger influence of Perennial Value Management Limited in MedAdvisor’s corporate decisions, potentially impacting future business strategies and shareholder dynamics.

More about MedAdvisor Limited

YTD Price Performance: -56.36%

Average Trading Volume: 630,973

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$50.21M

See more insights into MDR stock on TipRanks’ Stock Analysis page.

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