tiprankstipranks
Trending News
More News >

Thorney Holdings Increases Stake in Gale Pacific Limited

Story Highlights
Thorney Holdings Increases Stake in Gale Pacific Limited

An update from Gale Pacific Limited ( (AU:GAP) ) is now available.

Gale Pacific Limited has announced a change in the interests of its substantial holder, Thorney Holdings Proprietary Limited. The change, effective from March 17, 2025, reflects an increase in voting power from 28.07% to 30.50%, following several market purchases by Tiga Trading Pty Ltd and Thorney Investment Group entities. This increase in voting power could potentially enhance Thorney Holdings’ influence over company decisions, impacting stakeholders and the company’s strategic direction.

More about Gale Pacific Limited

Average Trading Volume: 296,111

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$37M

Find detailed analytics on GAP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App