Highfield Resources Limited ( (AU:HFR) ) has issued an update.
Highfield Resources Limited has reported a change in the interests of its substantial holder, EMR Capital and its associates, including Meritz Securities Co., Ltd., in the company’s shares. The substantial holder’s voting power has increased from 23.16% to 27.21% following the acquisition of 24,967,169 newly issued shares by Meritz Securities Co., Ltd. for US$5,000,000, as approved at a recent extraordinary general meeting. This change signifies a strengthened position for the substantial holder within Highfield Resources, possibly impacting the company’s strategic direction and shareholder dynamics.
More about Highfield Resources Limited
YTD Price Performance: 17.86%
Average Trading Volume: 5,010
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €73.35M
For a thorough assessment of HFR stock, go to TipRanks’ Stock Analysis page.