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BlackWall Limited Reduces Stake in WOTSO Property

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Blackwall Limited ( (AU:BWF) ) just unveiled an announcement.

BlackWall Limited has announced a change in its substantial holding in WOTSO Property, reducing its voting power from 25.26% to 19.97%. This change was due to the transfer of WOTSO securities to BlackWall Limited shareholders as a dividend in specie, affecting 8,569,877 ORD securities. This adjustment in holdings may impact BlackWall’s influence over WOTSO Property, potentially altering its strategic positioning within the property market.

More about Blackwall Limited

BlackWall Limited operates in the property and investment industry, focusing on managing and developing real estate assets. The company is involved in property management and investment activities, catering to a diverse range of stakeholders in the real estate market.

YTD Price Performance: -15.79%

Average Trading Volume: 38,450

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$53.7M

Learn more about BWF stock on TipRanks’ Stock Analysis page.

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