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Harvest Lane Increases Substantial Stake in Hartshead Resources to Over 10%

Story Highlights
  • Hartshead Resources NL, an ASX-listed energy explorer, continues to attract institutional investor interest in its traded securities.
  • Harvest Lane Asset Management has lifted its stake in Hartshead Resources to 10.47 percent, signaling stronger institutional influence on the company’s future decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Harvest Lane Increases Substantial Stake in Hartshead Resources to Over 10%

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An announcement from Hartshead Resources NL ( (AU:HHR) ) is now available.

Harvest Lane Asset Management and its associated entities have increased their substantial shareholding in Hartshead Resources NL, lifting their voting power from 7.54% to 10.47% of the company’s ordinary shares. The change, formalised in a substantial holder notice, reflects a significant rise in institutional ownership that may signal growing investor confidence in Hartshead Resources and could influence future voting dynamics and corporate decision-making at the company.

The most recent analyst rating on (AU:HHR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Hartshead Resources NL stock, see the AU:HHR Stock Forecast page.

More about Hartshead Resources NL

Hartshead Resources NL is an Australia-listed company (ASX: HHR) operating in the energy and resources sector. The company is engaged in the exploration and development of natural resources, with its securities actively traded on the Australian Securities Exchange, attracting institutional and asset management investors.

YTD Price Performance: -7.69%

Average Trading Volume: 27,815,643

Technical Sentiment Signal: Sell

Current Market Cap: A$33.7M

For an in-depth examination of HHR stock, go to TipRanks’ Overview page.

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