Ariadne Australia Limited (AU:ARA) has released an update.
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Phoenix Portfolios Pty Ltd has made significant changes in its holdings of Ariadne Australia Limited, acquiring over 3 million shares while disposing of around 1.2 million shares. This move increases Phoenix Portfolios’ voting power in the company, reflecting a strategic adjustment in their investment portfolio. Investors might find this alteration noteworthy as it signals confidence in Ariadne Australia’s future performance.
For further insights into AU:ARA stock, check out TipRanks’ Stock Analysis page.
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