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Dendocept Group Increases Stake in MC Mining

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Dendocept Group Increases Stake in MC Mining

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MC Mining Ltd ( (AU:MCM) ) has provided an announcement.

MC Mining Limited has announced a change in the interests of a substantial holder, Dendocept Proprietary Limited and its associates. The Dendocept Group now holds a 67.60% voting power in MC Mining, up from 66.24%. This change is due to Dendocept Group’s increased relevant interest in Goldway Capital Investment Limited’s shares, which has led to a consequential increase in their stake in MC Mining. This development could impact MC Mining’s operations and influence its strategic decisions, given the significant voting power held by Dendocept Group.

More about MC Mining Ltd

Average Trading Volume: 83,676

Technical Sentiment Signal: Buy

Current Market Cap: £33.67M

For a thorough assessment of MCM stock, go to TipRanks’ Stock Analysis page.

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