Bowen Coal Witnesses Major Shareholder Sell-Off
Company Announcements

Bowen Coal Witnesses Major Shareholder Sell-Off

Bowen Coking Coal Ltd (AU:BCB) has released an update.

Bowen Coking Coal Ltd has reported a change in substantial holdings by Regal Funds Management Pty Ltd and associates, with a notice detailing a decrease in voting power from 10.25% to 7.22% due to recent sales of shares. The transactions included the sale of over 16 million ordinary shares on various dates in August. This shift in share distribution could influence the company’s strategic decisions and market performance.

For further insights into AU:BCB stock, check out TipRanks’ Stock Analysis page.

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