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Datt Capital Increases Stake in Koonenberry Gold Limited

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Datt Capital Increases Stake in Koonenberry Gold Limited

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Koonenberry Gold Limited ( (AU:KNB) ) has shared an announcement.

Koonenberry Gold Limited has experienced a change in the interests of its substantial holder, Datt Capital. The voting power of Datt Capital has increased from 12.81% to 14.83% following an on-market purchase of 19,040,393 ordinary shares by Abadi Investments Pty Ltd, a related entity. This change indicates a strengthened position for Datt Capital within Koonenberry Gold Limited, potentially impacting the company’s governance and strategic decisions.

More about Koonenberry Gold Limited

YTD Price Performance: 484.62%

Average Trading Volume: 11,681,788

Technical Sentiment Signal: Sell

Current Market Cap: A$71.51M

For a thorough assessment of KNB stock, go to TipRanks’ Stock Analysis page.

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