Red 5 Limited (AU:RED) has released an update.
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Franklin Resources, Inc., a substantial holder in Red 5 Limited, has reported a decrease in its voting power from 6.39% to 5.38%, as of April 29, 2024. This change represents a reduction in the control and influence over the company by Franklin Resources, which is significant news for shareholders and potential investors. The shift in voting power could have implications for Red 5 Limited’s strategic decisions and stock performance.
For further insights into AU:RED stock, check out TipRanks’ Stock Analysis page.
