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New World Resources Limited ( (AU:NWC) ) has issued an announcement.
New World Resources Limited has announced a change in the interests of its substantial holder, Harvest Lane Asset Management and its associated entities. This change involves a shift in voting power, with Harvest Lane now holding 11.38% of the ordinary shares, up from 9.02%. This adjustment in shareholding could influence the company’s strategic decisions and impact its market positioning.
The most recent analyst rating on (AU:NWC) stock is a Buy with a A$0.12 price target. To see the full list of analyst forecasts on New World Resources Limited stock, see the AU:NWC Stock Forecast page.
More about New World Resources Limited
Average Trading Volume: 26,499,895
Technical Sentiment Signal: Buy
Current Market Cap: A$225.2M
For an in-depth examination of NWC stock, go to TipRanks’ Overview page.