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Glennon Small Companies Limited Increases Stake in Metgasco Ltd

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Glennon Small Companies Limited Increases Stake in Metgasco Ltd

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The latest update is out from Metgasco Ltd ( (AU:MEL) ).

Metgasco Ltd has announced a change in the substantial holding of its shares by Glennon Small Companies Limited. Glennon Small Companies Limited increased its voting power from 15.49% to 20.04% through the acquisition of additional ordinary shares via an entitlement offer and a shortfall arrangement. This change in substantial holding reflects a significant increase in Glennon’s stake in Metgasco, potentially impacting the company’s shareholder dynamics and influencing future corporate decisions.

More about Metgasco Ltd

Current Market Cap: A$3.41M

For detailed information about MEL stock, go to TipRanks’ Stock Analysis page.

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