BirdDog Technology Ltd. (AU:BDT) has recently announced an update regarding their ownership structure. As a result of the change, Restless Robot Pty Ltd now holds over 76 million shares in the company. This shift in ownership signifies a notable change in the influence held by a key substantial holder over Birddog Technology Ltd.
The increase in stake was achieved through both direct acquisitions and a deemed increase according to the Corporations Act. Their voting power has surged from 21.80% to 39.52%, indicating a significant increase in their hold on the company.
This development is likely to impact Birddog Technology Ltd moving forward, and it will be interesting to see how they navigate this new development as they continue to grow and develop as a business.
For those interested in learning more about AU:BDT stock, TipRanks’ Stock Analysis page provides further insights and information that may be helpful in understanding the current situation. It is always important for investors and stakeholders to stay informed about changes in ownership and other significant developments within a company.
