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Tri-Star Group Increases Stake in Omega Oil & Gas

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Tri-Star Group Increases Stake in Omega Oil & Gas

Omega Oil & Gas Limited ( (AU:OMA) ) just unveiled an update.

Omega Oil & Gas Limited has seen a change in the interests of its substantial holder, Tri-Star Group Investments Pty Ltd. The group increased its voting power from 18.89% to 19.86% through the acquisition of additional fully paid ordinary shares. This acquisition was part of a placement announced earlier and approved by Omega’s shareholders, indicating a strategic move to strengthen its position within the company.

More about Omega Oil & Gas Limited

YTD Price Performance: -29.41%

Average Trading Volume: 798,968

Technical Sentiment Signal: Buy

Learn more about OMA stock on TipRanks’ Stock Analysis page.

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