Southern Hemisphere Mining Limited (AU:SUH) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Pictet Asset Management (Singapore) Pte Ltd has become a substantial holder in Southern Hemisphere Mining Limited, acquiring a 9.86% stake with over 72 million votes attached to the company’s voting shares. The acquisition was made at a price of A$0.035 per share on 17 June 2024, involving registered holders BNP Paribas Noms Pty Ltd and HSBC Custody Nominees (Australia) Limited. This move could signal a strategic interest by the asset management firm in the mining sector and is a noteworthy development for investors and market watchers.
For further insights into AU:SUH stock, check out TipRanks’ Stock Analysis page.