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An announcement from Fenix Resources Limited ( (AU:FEX) ) is now available.
Fenix Resources Limited has increased its stake in CZR Resources Ltd, raising its voting power from 4.22% to 5.08% through an off-market takeover bid. This acquisition is part of Fenix’s strategic efforts to consolidate its position and expand its influence within the market, potentially impacting stakeholders by altering the competitive dynamics and ownership structure of CZR Resources.
More about Fenix Resources Limited
YTD Price Performance: -1.33%
Average Trading Volume: 3,844
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €119.9M
See more data about FEX stock on TipRanks’ Stock Analysis page.