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QuickFee’s Substantial Holders See Voting Power Dilute
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QuickFee’s Substantial Holders See Voting Power Dilute

QuickFee Ltd. (AU:QFE) has released an update.

QuickFee Limited has reported a dilution in the voting power of substantial holders Derida Pty Limited and Lehash Pty Ltd, from 10.32% to 8.78%, due to the conversion of performance rights into ordinary shares and a recent share placement. Despite these changes, Dale Smorgon, the director of both entities, maintains a controlling interest with 27,839,451 ordinary shares. This shift reflects ongoing adjustments in the company’s financial structure and could be of interest to current and potential investors.

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

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