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An announcement from Sultan Resources Ltd. ( (AU:SLZ) ) is now available.
Sultan Resources Ltd. has announced that Kalcon Investments Pty Ltd has ceased to be a substantial holder in the company. This change occurred due to a dilution resulting from a rights issue and shortfall placement, affecting 21,722,407 fully paid ordinary shares. The announcement may impact the company’s shareholder structure and could influence its market positioning.
More about Sultan Resources Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.7M
For detailed information about SLZ stock, go to TipRanks’ Stock Analysis page.