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Pureprofile Substantial Shareholder Increases Stake

Story Highlights
  • Mr. Danny Kontos increased his stake in Pureprofile by purchasing 15,000,000 shares.
  • His stake increase from 12.51% to 13.80% signals confidence in Pureprofile’s prospects.
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Pureprofile Substantial Shareholder Increases Stake

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The latest update is out from Pureprofile Ltd. ( (AU:PPL) ).

Pureprofile Limited has reported a change in the voting power of its substantial shareholder, Mr. Danny Kontos. The change is due to Mr. Kontos’s acquisition of 15,000,000 additional fully paid ordinary shares, increasing his stake from 12.51% to 13.80%. This change in shareholding reflects a significant vote of confidence in the company and could influence its future strategic decisions.

More about Pureprofile Ltd.

YTD Price Performance: 35.29%

Average Trading Volume: 2,925,727

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$53.33M

For a thorough assessment of PPL stock, go to TipRanks’ Stock Analysis page.

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