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BW South Asia, Ltd. Sells Substantial Shares in Energy One Limited

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BW South Asia, Ltd. Sells Substantial Shares in Energy One Limited

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Energy One Limited ( (AU:EOL) ) has issued an update.

Energy One Limited has announced that BW South Asia, Ltd. has ceased to be a substantial holder in the company following the sale of 1,000,000 shares, representing 3.18% of the voting securities, for a consideration of $15,718,500. This change in shareholding may impact Energy One Limited’s market position and stakeholder dynamics as it adjusts to the altered ownership structure.

The most recent analyst rating on (AU:EOL) stock is a Hold with a A$16.50 price target. To see the full list of analyst forecasts on Energy One Limited stock, see the AU:EOL Stock Forecast page.

More about Energy One Limited

Average Trading Volume: 80,470

Technical Sentiment Signal: Buy

Current Market Cap: A$502.4M

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

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