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Belararox Ltd. Substantial Holder Reduces Stake

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The latest update is out from Belararox Ltd. ( (AU:BRX) ).

Belararox Ltd. has announced a change in the interests of its substantial holder, The Bank of Nova Scotia and its controlled entities. The voting power of the substantial holder has decreased from 6.36% to 5.19% due to in-market sales conducted by 1832 Asset Management L.P., a manager of various investment funds. This change reflects a reduction in the number of shares held by the substantial holder, which could impact the company’s market dynamics and shareholder influence.

More about Belararox Ltd.

YTD Price Performance: -51.67%

Average Trading Volume: 925,986

Technical Sentiment Signal: Buy

Current Market Cap: A$13.62M

See more insights into BRX stock on TipRanks’ Stock Analysis page.

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