Perpetual Resources Ltd. (AU:PEC) has released an update.
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Perpetual Resources Limited has experienced a significant change in its shareholder structure as Deutsche Balaton Aktiengesellschaft and associated entities have sold off a substantial portion of their holdings, ceasing to be a major shareholder as of May 9, 2024. The sale involved 35 million ordinary shares at a price of $0.0110 per share, marking a notable shift in the company’s ownership profile.
For further insights into AU:PEC stock, check out TipRanks’ Stock Analysis page.