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Mitsubishi UFJ Financial Group Acquires Substantial Holding in West African Resources Ltd

Story Highlights
  • Mitsubishi UFJ Financial Group acquired a substantial holding in West African Resources Ltd.
  • This acquisition grants Mitsubishi significant voting power, influencing strategic decisions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi UFJ Financial Group Acquires Substantial Holding in West African Resources Ltd

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

West African Resources Ltd has announced that Mitsubishi UFJ Financial Group, through its subsidiary First Sentier Investors Holdings Pty Limited, has acquired a substantial holding in the company. This acquisition gives Mitsubishi UFJ Financial Group a significant voting power in West African Resources Ltd, potentially impacting the company’s strategic decisions and market positioning.

The most recent analyst rating on (AU:WAF) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on West African Resources Ltd stock, see the AU:WAF Stock Forecast page.

More about West African Resources Ltd

Average Trading Volume: 4,393,915

Technical Sentiment Signal: Buy

Current Market Cap: A$3.02B

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

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