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Harvest Lane Becomes Substantial Holder in New World Resources

Story Highlights
  • Harvest Lane Asset Management has acquired substantial voting power in New World Resources.
  • This strategic investment may influence New World Resources’ shareholder dynamics and market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Lane Becomes Substantial Holder in New World Resources

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New World Resources Limited ( (AU:NWC) ) has issued an update.

Harvest Lane Asset Management Pty Ltd has become a substantial holder in New World Resources Ltd, acquiring a significant voting power through ordinary shares. This development indicates a strategic investment move by Harvest Lane, potentially impacting New World Resources’ shareholder dynamics and market perception.

The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.12 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

Average Trading Volume: 23,584,970

Technical Sentiment Signal: Buy

Current Market Cap: A$200.1M

See more data about NWC stock on TipRanks’ Stock Analysis page.

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