SNDL Lowers Its Stake In Indiva To 8.57%
Portfolio Pulse from Vuk Zdinjak
SNDL Inc. has disposed of 3.3 million common shares in Indiva Limited, reducing its stake from 12.93% to 8.57%. The shares were sold through the TSX Venture Exchange at an average price of $0.0293 per share, totaling $90,207.
June 22, 2023 | 11:53 am
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NEUTRAL IMPACT
SNDL Inc. has disposed of 3.3 million common shares in Indiva Limited, potentially affecting Indiva's stock price and market perception.
SNDL's disposal of 3.3 million common shares in Indiva Limited may impact Indiva's stock price and market perception. However, the short-term impact on Indiva's stock price is uncertain as the reasons behind the disposal are not clear.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
SNDL Inc. has reduced its stake in Indiva Limited, potentially impacting its investment portfolio and future growth opportunities.
SNDL's decision to reduce its stake in Indiva Limited may impact its investment portfolio and future growth opportunities. However, the short-term impact on SNDL's stock price is uncertain as the reasons behind the disposal are not clear.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100