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The latest announcement is out from Iluka Resources Limited ( (AU:ILU) ).
Iluka Resources Limited has announced a significant change in its shareholder structure, with First Sentier Investors Holdings Pty Limited and its subsidiaries, under the ultimate parent Mitsubishi UFJ Financial Group, Inc., becoming substantial holders. This development indicates a shift in the control dynamics of the company’s voting power, potentially impacting its strategic decisions and market positioning.
The most recent analyst rating on (AU:ILU) stock is a Buy with a A$4.65 price target. To see the full list of analyst forecasts on Iluka Resources Limited stock, see the AU:ILU Stock Forecast page.
More about Iluka Resources Limited
Average Trading Volume: 3,727,599
Technical Sentiment Signal: Sell
Current Market Cap: A$1.62B
For an in-depth examination of ILU stock, go to TipRanks’ Overview page.