tiprankstipranks

Mercer Investments Acquires Significant Stake in Lark Distilling Co.

Story Highlights
Mercer Investments Acquires Significant Stake in Lark Distilling Co.

Lark Distilling Co. Ltd. ( (AU:LRK) ) has provided an update.

Mercer Investments (Australia) Limited, as the responsible entity of the Mercer Australian Small Companies Fund, has become a substantial holder in Lark Distilling Co. Ltd, acquiring a 5.067% voting power with 5,341,071 ordinary fully paid shares. This acquisition indicates a significant investment interest in Lark Distilling Co., potentially enhancing its market visibility and attracting further stakeholder attention.

More about Lark Distilling Co. Ltd.

Lark Distilling Co. Ltd is a company operating in the distillation industry, focusing on producing and distributing alcoholic beverages. It is known for its premium whisky products and targets markets interested in high-quality spirits.

YTD Price Performance: 0.0%

Average Trading Volume: 63,574

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$121.2M

Learn more about LRK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App