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Southern Cross Exploration NL Ceases Substantial Holding in Dateline Resources

Story Highlights
  • Southern Cross Exploration NL is no longer a substantial holder in Dateline Resources.
  • The change was due to Southern Cross’s inability to join Dateline’s capital raisings, leading to shareholding dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Southern Cross Exploration NL Ceases Substantial Holding in Dateline Resources

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An update from Dateline Resources Limited ( (AU:DTR) ) is now available.

Dateline Resources Limited has announced that Southern Cross Exploration NL has ceased to be a substantial holder in the company. This change occurred because Southern Cross Exploration NL was unable to participate in Dateline’s capital raisings, leading to a dilution of their shareholding over time. This development may impact Dateline’s shareholder structure and could influence future capital strategies.

More about Dateline Resources Limited

Average Trading Volume: 64,562,580

Technical Sentiment Signal: Buy

Current Market Cap: A$429.1M

See more insights into DTR stock on TipRanks’ Stock Analysis page.

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