tiprankstipranks
Brightstar’s Share Placement Dilutes St Barbara’s Stake
Company Announcements

Brightstar’s Share Placement Dilutes St Barbara’s Stake

Brightstar Resources Limited (AU:BTR) has released an update.

Don't Miss our Black Friday Offers:

St Barbara Limited’s voting power in Brightstar Resources Limited has decreased from 10.81% to 9.59% following the issue of new shares by Brightstar. The change occurred on September 23, 2024, and is directly related to Brightstar’s share placement that diluted St Barbara’s previous shareholding. St Barbara Limited remains a substantial holder with 638,947,071 votes post-placement.

For further insights into AU:BTR stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App