East 33 Limited (AU:E33) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Yumbah Aquaculture Ltd (YAL) has increased its substantial holding in East 33 Limited from 81.05% to 82.50% through acquisitions related to an off-market takeover offer and on-market purchases. The transactions, which took place on October 10, 2024, involved over 11 million shares and solidified YAL’s position as a major shareholder in the company. The change in ownership stakes indicates a strategic move by YAL, potentially signaling confidence in East 33 Limited’s future.
For further insights into AU:E33 stock, check out TipRanks’ Stock Analysis page.