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The latest update is out from Cyprium Metals Limited ( (AU:CYM) ).
Cyprium Metals Limited has seen a significant increase in the voting power of its substantial holders, primarily Flat Footed L.L.C, FF Hybrid, L.P, and GP Recovery Fund L.L.C. The voting power rose from 10.64% to 19.99% due to the issuance of ordinary shares under a Tranche 2 entitlement offer and rights issuance. This development could potentially enhance the influence of these substantial holders in company decisions, reflecting a strategic consolidation of control within Cyprium Metals Limited.
More about Cyprium Metals Limited
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €27.6M
For a thorough assessment of CYM stock, go to TipRanks’ Stock Analysis page.
