MMA Offshore Limited (AU:MRM) has released an update.
Morgan Stanley and its subsidiaries have ceased to be a substantial holder in MMA Offshore Limited as of April 22, 2024, according to a recent filing. The financial giant reported a series of transactions involving the purchase and sale of ordinary shares prior to no longer having a substantial holding in the company. This move may signal a shift in Morgan Stanley’s investment strategy regarding MMA Offshore, potentially impacting the company’s stock performance.
For further insights into AU:MRM stock, check out TipRanks’ Stock Analysis page.
