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Jalana Pty Limited Ceases to be Substantial Holder in Dateline Resources Limited

Story Highlights
  • Jalana Pty Limited and its associates are no longer substantial holders in Dateline Resources Limited.
  • The change is due to a decrease in voting power from additional shares issued, affecting shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jalana Pty Limited Ceases to be Substantial Holder in Dateline Resources Limited

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Dateline Resources Limited ( (AU:DTR) ) just unveiled an announcement.

Dateline Resources Limited has announced that Jalana Pty Limited and its associates have ceased to be substantial holders in the company. This change in substantial holding is due to a decrease in voting power as a result of additional shares being issued, which impacts the company’s shareholder structure and could influence future voting outcomes and strategic decisions.

More about Dateline Resources Limited

Average Trading Volume: 29,722,458

Technical Sentiment Signal: Buy

Current Market Cap: A$951.5M

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

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