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Elementos Limited Announces Change in Substantial Holding

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Elementos Limited Announces Change in Substantial Holding

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Elementos Limited ( (AU:ELT) ) has shared an update.

Elementos Limited has announced a change in the substantial holding of Andrew Carlyle Greig, who is a significant shareholder in the company. The change in Greig’s voting power, from 19.87% to 15.94%, is due to the dilution effect following the issuance of 58,277,698 placement shares. This change in voting power reflects a shift in the company’s shareholder dynamics, potentially impacting its governance and decision-making processes.

The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.

More about Elementos Limited

Average Trading Volume: 283,577

Technical Sentiment Signal: Hold

Current Market Cap: A$30.91M

Learn more about ELT stock on TipRanks’ Stock Analysis page.

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