Kula Gold Limited ( (AU:KGD) ) has issued an update.
Kula Gold Limited has experienced a change in the voting power of its substantial holder, Merchant Holdings Pty Ltd and Ascot Park Enterprises Pty Ltd, due to a dilution from a shortfall offer. The voting power has decreased from 8.47% to 6.53%, impacting the company’s shareholder structure and potentially influencing its governance dynamics.
More about Kula Gold Limited
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €2.9M
For a thorough assessment of KGD stock, go to TipRanks’ Stock Analysis page.
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