Pureprofile Substantial Shareholder Increases Stake
Pureprofile Ltd. (AU:PPL) announced that substantial shareholder Mr. Danny Kontos has increased his stake from 12.51% to 13.80% by acquiring 15,000,000 additional shares. This change indicates a strong vote of confidence in the company, potentially impacting its future strategic decisions. The company's current market cap is A$53.33M, with a year-to-date price performance of 35.29%.
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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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