Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Terragen Holdings Ltd ( (AU:TGH) ) has provided an announcement.
Terragen Holdings Ltd has announced a change in the interests of its substantial holder, Thorney Technologies Ltd, which has increased its voting power from 6.09% to 7.28%. This change was due to a combination of a placement and rights issue, involving a total of over 12 million shares. The increase in stake by Thorney Technologies Ltd represents a strategic move to strengthen its position in Terragen Holdings Ltd, potentially impacting the company’s governance and voting dynamics, while also signaling confidence in Terragen’s future prospects.
More about Terragen Holdings Ltd
YTD Price Performance: -10.0%
Average Trading Volume: 141,018
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$16.6M
See more data about TGH stock on TipRanks’ Stock Analysis page.
