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Prospect Resources Ltd. ( (AU:PSC) ) has provided an announcement.
Prospect Resources Limited has announced that Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in the company. This change in substantial holding was due to the purchase of securities by an entity controlled by Morgan Stanley, affecting 3,100,000 fully paid ordinary shares. The announcement may impact the company’s shareholder structure and could have implications for its market positioning and stakeholder interests.
More about Prospect Resources Ltd.
YTD Price Performance: 64.84%
Average Trading Volume: 841,010
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$101.1M
For a thorough assessment of PSC stock, go to TipRanks’ Stock Analysis page.