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Metro Performance Glass Ltd ( (AU:MPP) ) has issued an update.
Metro Performance Glass Ltd has announced a significant change in its shareholding structure due to a recent rights issue and top-up placement. Takutai Limited’s stake in the company has decreased from 10.94% to 7.33%, reflecting the dilution effect of the new shares issued. This change in shareholding could impact the company’s market positioning and influence stakeholder interests.
More about Metro Performance Glass Ltd
Metro Performance Glass Ltd operates in the glass industry, focusing on the production and supply of glass products. The company is known for its range of glass solutions, catering to both residential and commercial markets.
Average Trading Volume: 103,075
Technical Sentiment Signal: Sell
Current Market Cap: A$38.45M
Learn more about MPP stock on TipRanks’ Stock Analysis page.