tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Ice Cold Investments Acquires Substantial Stake in Kula Gold Limited

Story Highlights
Ice Cold Investments Acquires Substantial Stake in Kula Gold Limited

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Kula Gold Limited ( (AU:KGD) ) just unveiled an announcement.

Ice Cold Investments Pty Ltd has become a substantial holder in Kula Gold Limited, acquiring a 7.38% voting power through the purchase of 68,000,000 fully paid ordinary shares. This acquisition, completed on February 27, 2025, involves two separate accounts, Browns Cheltenham RD SF A/C and G & J Brown Super Fund A/C, each purchasing 20,000,000 shares for a total consideration of $200,000. The increase in substantial holding by Ice Cold Investments may influence Kula Gold Limited’s shareholder dynamics and potentially impact strategic decisions.

More about Kula Gold Limited

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €2.9M

For detailed information about KGD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1