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Helix Resources Limited ( (AU:HLX) ) has provided an update.
Helix Resources Limited has experienced a change in the interests of a substantial holder, involving Nuevo Royalty Limited, Acta Investment Group Pty Ltd, and Michael George Frederick Povey. The announcement reveals an increase in voting power from 16.87% to 19.685%, following substantial share acquisitions on behalf of the Acta Entities. The acquisition involved 100,000,000 fully paid ordinary shares valued at $500,000, indicating a significant strategic move that could impact the company’s influence and decision-making processes.
More about Helix Resources Limited
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €7.89M
See more insights into HLX stock on TipRanks’ Stock Analysis page.
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