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Morgan Stanley Reduces Stake in West African Resources

Morgan Stanley Reduces Stake in West African Resources

West African Resources Ltd (AU:WAF) has released an update.

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Morgan Stanley and its subsidiaries have ceased to be a substantial holder in West African Resources Limited as of September 2, 2024. This change comes after a series of buys and sells of the company’s ordinary shares on August 30, 2024, altering Morgan Stanley’s relevant interest in the company’s voting securities. The financial community is keenly observing the impact of this development on West African Resources Limited’s stock performance.

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

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