Morella Corporation (AU:1MC) has released an update.
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Interra Resources Limited has significantly increased its stake in Morella Corporation, growing its voting power from 11.41% to 16.78%. This boost in shares was achieved through a series of open market purchases and a significant subscription of shares via placement. Investors may find this move indicative of strategic positioning within the company.
For further insights into AU:1MC stock, check out TipRanks’ Stock Analysis page.
