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Maximus Resources Limited ( (AU:MXR) ) has provided an update.
Maximus Resources Limited has experienced a change in substantial holding by Astral Resources NL and its subsidiaries. Astral has increased its voting power in Maximus from 63.90% to 68.09% through an off-market takeover bid, acquiring additional shares in Maximus. This change in ownership could potentially impact Maximus’s strategic direction and influence its market operations, as Astral now holds a more significant stake in the company.
More about Maximus Resources Limited
YTD Price Performance: -3.33%
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.2M
See more insights into MXR stock on TipRanks’ Stock Analysis page.