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Johnson Matthey Becomes Substantial Holder in Podium Minerals

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Johnson Matthey Becomes Substantial Holder in Podium Minerals

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The latest announcement is out from Podium Minerals Ltd. ( (AU:POD) ).

Podium Minerals Limited has announced that Johnson Matthey Investments Limited has become a substantial holder, acquiring 110,706,237 fully paid ordinary shares, which translates to a 16.25% voting power in the company. This development marks a significant increase in external investment for Podium Minerals, potentially impacting its strategic direction and market positioning by aligning with the interests of a major investor.

More about Podium Minerals Ltd.

YTD Price Performance: -15.00%

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €11.98M

For an in-depth examination of POD stock, go to TipRanks’ Stock Analysis page.

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