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Mineral Resources Ends Major Stake in Develop Global

Mineral Resources Ends Major Stake in Develop Global

Develop Global Limited (AU:DVP) has released an update.

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Mineral Resources Limited and its associates have ceased to be substantial shareholders in Develop Global Limited after a series of transactions that included the issuance of new shares and on-market sales. The changes, reported under the Corporations Act, occurred over a period beginning on November 6, 2023, and included significant share sales on April 10, 2024, which notably decreased their voting power in the company.

For further insights into AU:DVP stock, check out TipRanks’ Stock Analysis page.

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