Midway Ltd (AU:MWY) has released an update.
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Sandon Capital Pty Ltd has increased its stake in Midway Ltd, boosting its voting power from 8.9% to 9.9% through strategic on-market purchases. This move underscores Sandon Capital’s growing influence in the company, reflecting a significant investment push. Investors and market enthusiasts may see this as a signal of Sandon Capital’s confidence in Midway Ltd’s future prospects.
For further insights into AU:MWY stock, check out TipRanks’ Stock Analysis page.