tiprankstipranks
Company Announcements

L1 Capital Increases Stake in West African Resources

Story Highlights
L1 Capital Increases Stake in West African Resources

Discover the Best Stocks and Maximize Your Portfolio:

West African Resources Ltd ( (AU:WAF) ) has provided an update.

West African Resources Limited has announced a change in the interests of its substantial holder, L1 Capital Pty Ltd, which now holds a 10.04% stake in the company, up from a previous 8.90%. This increase in voting power suggests a strengthened position for L1 Capital within the company, potentially impacting shareholder dynamics and future decision-making processes.

More about West African Resources Ltd

YTD Price Performance: 19.57%

Average Trading Volume: 15,185

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.26B

See more data about WAF stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1