Eastern Resources Limited (AU:EFE) has released an update.
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Eastern Resources Limited has announced a capital consolidation, converting every ten shares into one. This move aims to streamline the company’s capital structure and enhance its attractiveness to investors by reducing the total number of shares to below one billion. Shareholders’ proportional ownership remains unchanged, ensuring stability in their investment.
For further insights into AU:EFE stock, check out TipRanks’ Stock Analysis page.
