tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ACDC Metals Gains New Substantial Holder with 5.10% Stake

Story Highlights
ACDC Metals Gains New Substantial Holder with 5.10% Stake

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.

ACDC Metals Ltd ( (AU:ADC) ) has issued an update.

ACDC Metals Ltd has announced that Mark Stephen Saxon and an associated entity have become substantial holders in the company, with a voting power of 5.10% through the acquisition of 3,815,824 fully paid ordinary shares. This development indicates a significant stake in the company, potentially impacting its governance and strategic decisions, while also reflecting investor confidence in ACDC Metals Ltd’s future prospects.

More about ACDC Metals Ltd

Average Trading Volume: 260,123

Technical Sentiment Signal: Buy

Current Market Cap: A$3.14M

For a thorough assessment of ADC 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