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Alice Queen Ltd. ( (AU:AQX) ) has shared an announcement.
Alice Queen Limited has announced a significant change in the interests of its substantial holder, Gage Resource Development Pty Ltd. The company, which operates in the resource development industry, has seen Gage Resource Development increase its voting power from 46.80% to 51.09% through the acquisition of 122,556,122 ordinary shares at a price of $0.004 per share. This acquisition, part of a recent share placement, strengthens Gage Resource Development’s influence within Alice Queen Limited, potentially impacting the company’s strategic direction and decision-making processes.
More about Alice Queen Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$5.54M
Learn more about AQX stock on TipRanks’ Stock Analysis page.