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Gumtree Appoints Highbury Partnership to Explore Strategic Alternatives

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Gumtree Appoints Highbury Partnership to Explore Strategic Alternatives

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Market Herald Ltd ( (AU:GUM) ) just unveiled an announcement.

Gumtree Australia Markets Limited has appointed the Highbury Partnership as a financial advisor to explore strategic alternatives for enhancing shareholder value. This move follows a transformative year for the company, emphasizing its commitment to the online marketplace sector after divesting its Capital Markets Division.

More about Market Herald Ltd

Gumtree Australia Markets Limited operates in the online marketplace sector, having recently undergone a significant transformation with the sale of its Capital Markets Division. The company is focused on enhancing shareholder value within this industry.

Average Trading Volume: 36,775

Technical Sentiment Signal: Hold

Current Market Cap: A$57.78M

For an in-depth examination of GUM stock, go to TipRanks’ Overview page.

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