Terragen Holdings Ltd (AU:TGH) has released an update.
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Ceres Capital Pty Ltd has ceased to be a substantial holder in Terragen Holdings Ltd following a series of on-market trades and a dilution resulting from a recent placement and entitlement offer. The changes affected 20,687,422 ordinary shares, reflecting a significant shift in the company’s shareholder base. This development could indicate potential adjustments in Terragen’s market dynamics, capturing the interest of investors and financial market followers.
For further insights into AU:TGH stock, check out TipRanks’ Stock Analysis page.