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WAM Capital Ltd. ( (AU:WAM) ) has issued an announcement.
Wilson Asset Management Group has lodged a notice that it has ceased to be a substantial shareholder in Paragon Care Limited as of 12 June 2025, indicating its holding has fallen below the statutory substantial shareholding threshold. The change in relevant interest may alter Paragon Care’s share register dynamics and could signal a shift in institutional investor support, with potential implications for trading liquidity and future engagement with major shareholders.
More about WAM Capital Ltd.
Paragon Care Limited is an ASX-listed company (ASX: PGC) operating in the healthcare sector, supplying medical equipment, devices and related services to hospitals, health providers and specialist care markets in Australia and New Zealand.
Average Trading Volume: 962,749
Technical Sentiment Signal: Buy
See more insights into WAM stock on TipRanks’ Stock Analysis page.