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NICO Resources Substantial Holder Increases Stake

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NICO Resources Substantial Holder Increases Stake

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NICO Resources Limited ( (AU:NC1) ) has shared an announcement.

NICO Resources Limited has announced a change in the interests of a substantial holder, Peter Cook, whose voting power in the company has increased from 10.88% to 12.93% as of May 28, 2025. This change was primarily due to an off-market purchase of 2,300,000 ordinary fully paid shares by Ajava Holdings Pty Ltd, a company associated with Peter Cook. This increase in voting power could potentially strengthen Peter Cook’s influence within the company, impacting its strategic decisions and possibly affecting other stakeholders.

More about NICO Resources Limited

Average Trading Volume: 68,170

Technical Sentiment Signal: Sell

See more insights into NC1 stock on TipRanks’ Stock Analysis page.

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