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West African Resources Ltd ( (AU:WAF) ) has provided an update.
West African Resources Ltd has announced a significant change in its shareholder structure. Mitsubishi UFJ Financial Group has acquired a substantial interest in the company through its subsidiary, First Sentier Investors Holdings Pty Limited. This acquisition grants Mitsubishi UFJ Financial Group voting power over a large number of shares, potentially influencing the company’s future decisions and strategic direction.
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: 4,158,029
Technical Sentiment Signal: Buy
Current Market Cap: A$2.59B
For detailed information about WAF stock, go to TipRanks’ Stock Analysis page.