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Allup Silica Ltd. ( (AU:MML) ) has provided an announcement.
McLaren Minerals Limited has disclosed that investor Andrew Haythorpe, along with associated entities Tesha Pty Ltd as trustee for The Nimrod Trust and Ouro Pty Ltd, has ceased to be a substantial holder in the company as of 20 January 2026. The change arises from dilution of their combined stake following a capital raising, which reduced their voting power by a total of 20.35 million shares, signaling a shift in the company’s ownership profile and potentially increasing the relative influence of new and existing participants in the latest funding round.
The most recent analyst rating on (AU:MML) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Allup Silica Ltd. stock, see the AU:MML Stock Forecast page.
More about Allup Silica Ltd.
McLaren Minerals Limited operates in the mining and minerals exploration sector, focusing on the development and advancement of mineral resource projects. The company’s shareholder base includes a range of institutional and private investors whose holdings can be materially affected by capital raisings and associated changes in ownership structure.
Average Trading Volume: 4,593,595
Technical Sentiment Signal: Sell
Current Market Cap: A$10.86M
For an in-depth examination of MML stock, go to TipRanks’ Overview page.