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An announcement from Alligator Energy Ltd ( (AU:AGE) ) is now available.
Macquarie Group Limited and its controlled entities have notified Alligator Energy that they have ceased to be substantial shareholders in the company, lodging a formal notice of ceasing to be a substantial holder under Australian corporations law. The change in Macquarie’s holding alters Alligator Energy’s register of major investors and may signal a shift in institutional support and liquidity dynamics for the stock, although no further detail on the size or reason for the exit was disclosed in the filing.
The most recent analyst rating on (AU:AGE) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Alligator Energy Ltd stock, see the AU:AGE Stock Forecast page.
More about Alligator Energy Ltd
Alligator Energy Limited is an ASX-listed resources company focused on uranium and related energy minerals exploration and development in Australia, positioning itself to supply nuclear-fuel markets amid growing interest in low-carbon energy sources.
Average Trading Volume: 20,321,214
Technical Sentiment Signal: Hold
Current Market Cap: A$128.7M
Learn more about AGE stock on TipRanks’ Stock Analysis page.