Great Western Exploration Limited (AU:GTE) has released an update.
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Seascape Capital Pty Ltd has experienced a reduction in its voting power within Great Western Exploration Limited, dropping from 9.54% to 8.37% due to a recent share placement. Despite the dilution, Seascape Capital remains a significant player, holding over 46 million ordinary shares. Investors should keep an eye on further developments as Seascape engages in upcoming placement activities.
For further insights into AU:GTE stock, check out TipRanks’ Stock Analysis page.