The latest announcement is out from Saturn Metals Ltd. ( (AU:STN) ).
Saturn Metals Limited has announced a change in the substantial holding of Lion Selection Group Limited, which now holds an 18.88% voting power in the company, up from 17.58%. This increase was due to the issuance of 18,604,652 ordinary shares under a placement valued at $4,000,000.18, reflecting a strategic move by Lion Selection Group to strengthen its influence within Saturn Metals. This change in substantial holding could impact Saturn Metals’ operational strategies and shareholder dynamics, potentially influencing its market positioning and stakeholder interests.
More about Saturn Metals Ltd.
YTD Price Performance: 7.50%
Average Trading Volume: 503,025
Technical Sentiment Signal: Buy
Current Market Cap: A$71.04M
See more data about STN stock on TipRanks’ Stock Analysis page.