Rubicon Water Limited (AU:RWL) has released an update.
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Bruce Campbell Rodgerson of Rubicon Water Limited has experienced a decrease in his relative voting power from 9.53% to 8.30%, following the issuance of new ordinary shares as part of an institutional placement on August 7, 2024. The total number of votes held has slightly increased to 16,467,187, but the overall percentage has decreased due to the dilutive effect of the new share issuance.
For further insights into AU:RWL stock, check out TipRanks’ Stock Analysis page.