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BlackWall Limited Reduces Stake in WOTSO Property

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BlackWall Limited Reduces Stake in WOTSO Property

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WOTSO Property ( (AU:WOT) ) has shared an announcement.

BlackWall Limited has reduced its voting power in WOTSO Property from 25.26% to 19.97% by transferring WOTSO securities to its shareholders as a dividend in specie. This change in substantial holding may impact BlackWall’s influence over WOTSO Property’s strategic decisions and could have implications for other stakeholders in the company.

More about WOTSO Property

WOTSO Property is a stapled entity comprising Ostow Limited, WOTSO Property Trust, and Planloc Limited. The company operates in the real estate sector, focusing on property management and investment.

YTD Price Performance: -31.65%

Average Trading Volume: 6,696

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$87.59M

See more insights into WOT stock on TipRanks’ Stock Analysis page.

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