Star Minerals Ltd. (AU:SMS) has released an update.
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Star Minerals Limited has seen a significant change in shareholder dynamics as Jalein Pty Ltd increased its stake from 9.37% to 13.98% through a series of on-market and off-market transactions. These transactions, dated between April and July 2024, involved the purchase of over 5 million shares, indicating a strengthening position within the company. This shift in voting power could signal confidence in Star Minerals’ prospects, making it a potential point of interest for investors.
For further insights into AU:SMS stock, check out TipRanks’ Stock Analysis page.