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An update from Red 5 Limited ( (AU:VAU) ) is now available.
Vault Minerals Limited and Silver Lake Resources Limited have adjusted their substantial holding in Hamelin Gold Limited, a company involved in the mining sector. The change in voting power is due to a dilution resulting from Hamelin Gold issuing new ordinary shares, reducing the voting power of the substantial holders from 14.2% to 11.9%. This adjustment may impact the influence these holders have over corporate decisions within Hamelin Gold.
More about Red 5 Limited
YTD Price Performance: 31.82%
Average Trading Volume: 35,852,384
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.96B
For an in-depth examination of VAU stock, go to TipRanks’ Stock Analysis page.