ADX Energy (AU:ADX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Morgan Stanley, through various subsidiaries, has become a substantial holder in ADX Energy Ltd, now wielding a 5.50% voting power with 31,230,240 ordinary shares. The financial giant reached this position on May 28, 2024, and made significant purchases leading up to this date, including a large institutional placement. This strategic move by Morgan Stanley could signal a growing interest in ADX Energy’s market potential.
For further insights into AU:ADX stock, check out TipRanks’ Stock Analysis page.
