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Macquarie Group Ceases Substantial Holding in Galilee Energy

Story Highlights

Galilee Energy Limited ( (AU:GLL) ) has provided an update.

Galilee Energy Limited has announced that Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in the company. This change in substantial holding could impact Galilee Energy’s shareholder dynamics and influence its market perception, as substantial holders often play a significant role in corporate governance and strategic decision-making.

More about Galilee Energy Limited

Average Trading Volume: 569,438

Technical Sentiment Signal: Buy

Current Market Cap: A$5.39M

Find detailed analytics on GLL stock on TipRanks’ Stock Analysis page.

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