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Kula Gold Stakeholder Voting Power Diluted
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Kula Gold Stakeholder Voting Power Diluted

Kula Gold Limited (AU:KGD) has released an update.

MERCHANT HOLDINGS PTY LTD & ASCOT PARK ENTERPRISES PTY LTD, collectively a substantial holder in Kula Gold Limited, experienced a dilution in their voting power from 7.46% to 6.00% due to a placement event on June 6, 2024. This change signifies a 1.46% reduction in their influence over the company. Following the dilution, their direct holdings now amount to 5.34% and 0.66% respectively.

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

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