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Iluka Resources Sees Change in Substantial Holder’s Voting Power

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Iluka Resources Sees Change in Substantial Holder’s Voting Power

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Iluka Resources Limited ( (AU:ILU) ) has shared an update.

Iluka Resources Limited has announced a change in the interests of its substantial holder, Yarra Capital Management Limited, along with several associated entities. The notice indicates a decrease in voting power from 8.57% to 7.33%, reflecting a reduction in the number of ordinary fully paid shares held by these entities. This change could impact the company’s shareholder dynamics and influence within the market.

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: 3,347,440

Technical Sentiment Signal: Sell

Current Market Cap: A$1.67B

For detailed information about ILU stock, go to TipRanks’ Stock Analysis page.

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