An update from Golden Rim Resources Ltd ( (AU:AS1) ) is now available.
Golden Rim Resources Ltd, through its substantial holder Capital DI Limited, has experienced a change in its voting power due to the issuance of new shares by Asara Resources Ltd. Capital DI Limited’s voting power decreased from 15.05% to 13.62% as a result of the dilution caused by the issuance of 104,517,541 new ordinary shares by Asara Resources Ltd. This change in voting power may affect Capital DI Limited’s influence within the company, potentially impacting its strategic decisions and stakeholder interests.
More about Golden Rim Resources Ltd
YTD Price Performance: 50.0%
Average Trading Volume: 896,283
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$29.9M
Learn more about AS1 stock on TipRanks’ Stock Analysis page.