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An announcement from Odin Metals Ltd ( (AU:G11) ) is now available.
Donohue Holdings, comprising Penstock Group Pty Ltd and Olivers Hill Pty Ltd, has increased its stake in G11 Resources Limited. The group now holds a 16.85% voting power in the company, up from 15.58%, following a series of on-market share purchases totaling over 46 million fully paid ordinary shares. This increase in holdings reflects Donohue Holdings’ strategic move to strengthen its influence within G11 Resources Limited, potentially impacting the company’s future decisions and direction.
More about Odin Metals Ltd
Average Trading Volume: 953,658
Technical Sentiment Signal: Sell
Current Market Cap: A$13.53M
For a thorough assessment of G11 stock, go to TipRanks’ Stock Analysis page.