Ausgold Limited (AU:AUC) has released an update.
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Dundee Corporation has adjusted its stake in Ausgold Limited, now holding a 10.86% voting power compared to a previous 12.95%. This change follows significant share acquisitions and a share consolidation, reflecting Dundee’s strategic repositioning within the company. Investors might view these moves as indicative of Dundee’s evolving strategy in the Australian gold sector.
For further insights into AU:AUC stock, check out TipRanks’ Stock Analysis page.