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Perpetual Resources ( (AU:PEC) ) has shared an update.
Perpetual Resources Limited has announced a change in its substantial holders, with Intrepid Concepts Pty Ltd and Benussi Rovigno Pty Ltd ceasing to be substantial holders as of May 20, 2025. This change is due to a dilution resulting from a placement, affecting a total of 38 million fully paid ordinary shares. The announcement indicates a shift in the company’s shareholder structure, which could have implications for its market positioning and influence among stakeholders.
More about Perpetual Resources
YTD Price Performance: 7.69%
Average Trading Volume: 1,905,064
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.41M
For detailed information about PEC stock, go to TipRanks’ Stock Analysis page.
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