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New World Resources Limited ( (AU:NWC) ) has shared an announcement.
New World Resources Limited announced a significant change in the director’s interest, as Nick Woolrych disposed of 32,000,000 ordinary shares through an acceptance of a takeover offer by Kinterra Capital GP Corp. II. This transaction reflects a strategic move within the company, potentially impacting its market positioning and stakeholder interests, as Woolrych retains 5,000,000 unlisted options post-transaction.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
YTD Price Performance: 266.67%
Average Trading Volume: 31,794,032
Technical Sentiment Signal: Buy
Current Market Cap: A$243.4M
For a thorough assessment of NWC stock, go to TipRanks’ Stock Analysis page.