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Morgan Stanley Acquires Substantial Stake in West African Resources

Story Highlights
  • Morgan Stanley and subsidiaries now hold 5.11% voting power in West African Resources.
  • This investment may influence West African Resources’ market position and investor sentiment.
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Morgan Stanley Acquires Substantial Stake in West African Resources

An update from West African Resources Ltd ( (AU:WAF) ) is now available.

Morgan Stanley and its subsidiaries have become substantial holders in West African Resources Ltd, acquiring a 5.11% voting power through various entities. This development indicates a significant investment from Morgan Stanley, which could impact West African Resources’ market dynamics and investor confidence.

More about West African Resources Ltd

YTD Price Performance: 41.62%

Average Trading Volume: 17,523

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.59B

See more insights into WAF stock on TipRanks’ Stock Analysis page.

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