Pinnacle Investment Management Group Limited (AU:PNI) has released an update.
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Pinnacle Investment Management Group Limited has placed a temporary trading halt on its securities as it prepares to make an announcement regarding a capital raising offer. The halt will be in effect until the market opens on November 22, 2024, or until the company releases the anticipated announcement. This move is designed to manage the institutional component of the offer effectively.
For further insights into AU:PNI stock, check out TipRanks’ Stock Analysis page.