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Insignia Financial Adjusts Stake in Botanix Pharmaceuticals

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An update from Insignia Financial Ltd ( (AU:IFL) ) is now available.

Insignia Financial Ltd has announced a change in its substantial holding in Botanix Pharmaceuticals Ltd, reflecting a decrease in its voting power from 9.32% to 8.29%. This change is due to a series of market transactions involving purchases and sales of shares by its subsidiaries, IOOF Investment Management Ltd, IOOF Investment Services Ltd, and MLC Investments Ltd. The adjustment in Insignia’s stake could impact its influence within Botanix Pharmaceuticals, potentially affecting strategic decisions and stakeholder interests.

More about Insignia Financial Ltd

YTD Price Performance: 13.07%

Technical Sentiment Signal: Hold

Current Market Cap: $1.64B

For an in-depth examination of IFL stock, go to TipRanks’ Stock Analysis page.

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