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The latest announcement is out from iCetana Ltd. ( (AU:ICE) ).
iCetana Ltd. has announced a change in the interests of its substantial holder, Skiptan Pty Ltd. The change involves the issuance of 96,683,262 new ordinary shares in a placement to a third party, which has resulted in a decrease in Skiptan Pty Ltd.’s voting power from 11.57% to 9.53%. This adjustment in voting power may influence the company’s governance and decision-making processes, potentially affecting its strategic direction and stakeholder interests.
More about iCetana Ltd.
Average Trading Volume: 982,720
Technical Sentiment Signal: Buy
Current Market Cap: A$44.67M
For an in-depth examination of ICE stock, go to TipRanks’ Overview page.