Finder Energy Holdings Limited (AU:FDR) has released an update.
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Finder Energy Holdings Limited has experienced a slight dilution in voting power from 53.5% to 53.1% due to the issuance of additional shares to investors, as part of a non-renounceable entitlement offer. Longreach Capital Investment Pty Ltd, a substantial holder, maintains its significant stake in the company despite this change. This development may interest investors tracking Finder’s stock performance in the market.
For further insights into AU:FDR stock, check out TipRanks’ Stock Analysis page.