AVJennings Limited Securities Suspended Amid Acquisition
AVJennings Limited has announced that its securities will be suspended from quotation on the Australian Securities Exchange due to a court-approved scheme of arrangement involving PM Nominees C Pty Ltd acquiring all issued shares. This marks a significant change in the company's ownership structure. The latest analyst rating for AVJennings (AU:AVJ) is a Hold with a price target of A$0.66.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Avjennings Limited ( (AU:AVJ) ) has shared an update.
AVJennings Limited, a company listed on the Australian Securities Exchange, has announced that its securities will be suspended from quotation following a court-approved scheme of arrangement. This scheme involves PM Nominees C Pty Ltd acquiring all issued shares of AVJennings, marking a significant change in the company’s ownership structure.
The most recent analyst rating on (AU:AVJ) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Avjennings Limited stock, see the AU:AVJ Stock Forecast page.
More about Avjennings Limited
Average Trading Volume: 799,499
Current Market Cap: A$376.3M
For a thorough assessment of AVJ stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
- ‘Ultra Bullish,’ Says Top Investor About Alphabet Stock
- ‘Stay Realistic,’ Says Piper Sandler About SoundHound AI Stock
- ‘Don’t Pull the Trigger Just Yet,’ Says Top Investor About Nvidia Stock
Disclaimer & DisclosureReport an Issue
