tiprankstipranks
Trending News
More News >

Prospect Resources Ltd. Announces Change in Substantial Shareholding

Story Highlights
  • Eagle Eye Asset Holdings Pte Ltd’s voting power in Prospect Resources Ltd. decreased from 15.28% to 13.01%.
  • The change occurred due to a dilution following the issuance of new shares by the company to another shareholder.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prospect Resources Ltd. Announces Change in Substantial Shareholding

Confident Investing Starts Here:

The latest update is out from Prospect Resources Ltd. ( (AU:PSC) ).

Prospect Resources Ltd. has announced a change in the substantial holding of its shares by Eagle Eye Asset Holdings Pte Ltd. The change, which occurred due to a dilution following the issuance of new shares by the company to another shareholder, resulted in Eagle Eye’s voting power decreasing from 15.28% to 13.01%. This adjustment in shareholding reflects the dynamic nature of shareholder interests and could potentially impact the company’s governance and decision-making processes.

More about Prospect Resources Ltd.

YTD Price Performance: 61.11%

Average Trading Volume: 846,173

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$97.69M

Find detailed analytics on PSC stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App