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Resources & Energy Group Limited ( (AU:REZ) ) has provided an update.
Resources & Energy Group Limited has disclosed a change in its substantial shareholding structure, with Carl Charalambous and associated entity Kyriaco Barber Pty Ltd ceasing to be substantial holders following dilution of their stake due to a placement. The reduction in this major holding alters the company’s shareholder profile and may have implications for control dynamics and future capital management, as ownership becomes more dispersed among new and existing investors.
More about Resources & Energy Group Limited
Resources & Energy Group Limited is an Australian-listed company operating in the resources and energy sector. The company is involved in exploration and development activities, positioning itself within the broader mining and energy investment market.
Average Trading Volume: 1,910,752
Technical Sentiment Signal: Sell
Current Market Cap: A$10.05M
Find detailed analytics on REZ stock on TipRanks’ Stock Analysis page.