BirdDog Technology Ltd. (AU:BDT) has announced an update on its shareholder activities, which has seen a significant increase in the voting power of Restless Robot Pty Ltd. The trustee for the Miall Family Trust now holds 39.52% of the company, up from 21.80% in the previous report. This increase was made through direct acquisitions and a deemed increase according to the Corporations Act, resulting in a total holding of over 76 million shares.
The change in ownership indicates a shift in influence by a key substantial holder, and is likely to have a significant impact on the future direction of the company. It is important for investors to keep an eye on any developments related to this change and how it may affect the company’s performance.
For more information on AU:BDT stock and its latest news, visit TipRanks’ Stock Analysis page for insights and analysis.
+ There are no comments
Add yours