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Top End Energy Gains New Substantial Shareholders
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Top End Energy Gains New Substantial Shareholders

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Top End Energy Limited ( (AU:TEE) ) has shared an announcement.

Top End Energy Limited has announced that Luke Velterop and Vestigo Pty Ltd have become substantial shareholders in the company, holding a 6.96% voting power through 18,909,000 fully paid ordinary shares. This acquisition was made as part of the consideration for acquiring Serpentine Energy Pty Ltd, indicating a strategic move that could enhance Top End Energy Limited’s market position and influence within the energy sector.

More about Top End Energy Limited

YTD Price Performance: -11.82%

Average Trading Volume: 442,276

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$25.82M

See more data about TEE stock on TipRanks’ Stock Analysis page.

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