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Bhagwan Marine Ltd. ( (AU:BWN) ) has provided an update.
Bhagwan Marine Ltd. has announced a change in the interests of its substantial holder, the Kannikoski Family, who have increased their voting power from 40.59% to 40.80% through the acquisition of additional ordinary shares. This change, which involved the purchase of 590,000 shares for $300,421, reflects a strategic move by the Kannikoski Family to strengthen their influence within the company, potentially impacting the company’s governance and decision-making processes.
More about Bhagwan Marine Ltd.
YTD Price Performance: -18.25%
Average Trading Volume: 184,866
Technical Sentiment Signal: Strong Buy
Find detailed analytics on BWN stock on TipRanks’ Stock Analysis page.