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An announcement from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has announced that Blue Capital Equities Pty Ltd, a previous substantial shareholder, has ceased its substantial holding in the company. This change involved the disposal of 11 million ordinary shares, representing a significant shift in the shareholder structure, which could potentially impact stakeholder dynamics and the company’s future strategic actions.
More about Forrestania Resources Limited
Forrestania Resources Limited operates in the exploration and mining industry, focusing primarily on sourcing and developing mineral resources. The company is oriented toward advancing its capabilities in the mining of precious and base metals, contributing to the broader natural resources market.
Average Trading Volume: 1,543,137
Technical Sentiment Signal: Buy
Current Market Cap: A$155.3M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.