Sandon Capital Investments Limited (AU:SNC) has released an update.
Sandon Capital Investments Limited has become a substantial holder in Karoon Energy Ltd, acquiring a 5.6% stake with 44,718,234 voting shares as of April 30, 2024. The company leveraged its position as an investment manager to gain control over voting power and the right to dispose of the shares. These acquisitions were part of a series of transactions involving both cash and non-cash considerations amounting to millions of dollars over the preceding months.
For further insights into AU:SNC stock, check out TipRanks’ Stock Analysis page.
