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QEM Limited Announces Change in Substantial Holder’s Voting Power

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QEM Limited Announces Change in Substantial Holder’s Voting Power

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QEM Limited ( (AU:QEM) ) has provided an announcement.

QEM Limited has experienced a change in the voting power of a substantial holder, Tracey Loyden, due to the issuance of approximately 45 million new shares by the company. This has resulted in a dilution of Loyden’s voting power from 11.05% to 8.92%, reflecting a significant shift in shareholder dynamics and potentially impacting the company’s governance and decision-making processes.

More about QEM Limited

Average Trading Volume: 95,709

Technical Sentiment Signal: Sell

Current Market Cap: A$11.35M

For detailed information about QEM stock, go to TipRanks’ Stock Analysis page.

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