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Emu NL ( (AU:EMU) ) has provided an update.
Emu NL has issued tracing notices under the Corporations Act to identify undisclosed substantial shareholders. The notices revealed that Morobe Blue Pty Ltd, owned by Mr. Thomas McCoy, holds 8,000,000 shares, representing 3.79% of Emu’s issued capital. Additionally, Mr. McCoy personally holds another 8,000,000 shares, also representing 3.79% of the company’s capital. Emu NL is evaluating its options to address any non-compliance with disclosure requirements for substantial shareholders.
More about Emu NL
Average Trading Volume: 279,673
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.34M
Find detailed analytics on EMU stock on TipRanks’ Stock Analysis page.