Karoon Energy Ltd (AU:KAR) has released an update.
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Karoon Energy Ltd has announced that Citigroup Global Markets Australia Pty Limited and its affiliates have become substantial shareholders, holding a 5.0035% voting power in the company. This development could signal increased investor confidence from a major financial entity, sparking interest among market watchers.
For further insights into AU:KAR stock, check out TipRanks’ Stock Analysis page.
