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Macquarie Group Ceases Substantial Holding in Beetaloo Energy

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Macquarie Group Ceases Substantial Holding in Beetaloo Energy

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Empire Energy Group Limited ( (AU:BTL) ) has shared an announcement.

Macquarie Group Limited, along with its controlled entities, has ceased to be a substantial holder in Beetaloo Energy Australia Limited. This change in substantial holding may impact Macquarie Group’s influence over Beetaloo Energy’s voting securities and could have implications for the company’s strategic decisions and stakeholder interests.

The most recent analyst rating on (AU:BTL) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.

More about Empire Energy Group Limited

Average Trading Volume: 1,605,251

Technical Sentiment Signal: Buy

Current Market Cap: A$283.9M

For a thorough assessment of BTL stock, go to TipRanks’ Stock Analysis page.

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