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Westpac Reduces Stake in Pacific Edge Following Capital Increase

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Westpac Reduces Stake in Pacific Edge Following Capital Increase

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Pacific Edge Limited ( (PFGTF) ) just unveiled an announcement.

Westpac Banking Corporation has disclosed a reduction in its substantial holding in Pacific Edge Limited from 6.61% to 5.25% due to an increase in the issued capital of the company. This change reflects a shift in Westpac’s investment position, potentially impacting Pacific Edge’s shareholder composition and market perception.

More about Pacific Edge Limited

Pacific Edge Limited operates in the biotechnology industry, focusing on the development and commercialization of diagnostic tests for the early detection and management of cancer. The company is known for its innovative cancer diagnostic products, which are aimed at improving patient outcomes and reducing healthcare costs.

For detailed information about PFGTF stock, go to TipRanks’ Stock Analysis page.

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