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The latest update is out from Panther Metals Ltd. ( (AU:PNT) ).
Micale Consulting Pty Ltd has ceased to be a substantial shareholder in Panther Metals Ltd after its stake was diluted by a recent rights issue and placement undertaken by the company. Despite Micale participating in the rights issue, its holding of 19,687,499 fully paid ordinary shares fell below the substantial holder threshold purely as a result of dilution, indicating a broadened share register and a potentially more diversified ownership base for Panther Metals.
More about Panther Metals Ltd.
Average Trading Volume: 5,942,377
Technical Sentiment Signal: Sell
Current Market Cap: A$3.68M
See more data about PNT stock on TipRanks’ Stock Analysis page.