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The latest announcement is out from Ragnar Metals Limited ( (AU:RAG) ).
Ragnar Metals Limited has increased its stake in High-Tech Metals Limited, a company involved in advanced materials, by participating in a recent placement. This move has raised Ragnar’s voting power from 10.19% to 14.56%, reflecting a strategic investment of $500,000 for an additional 3,333,333 ordinary shares. This increase in voting power signifies Ragnar’s growing influence and potential impact on High-Tech Metals’ strategic decisions, potentially affecting stakeholders and the market dynamics within the advanced materials sector.
More about Ragnar Metals Limited
Average Trading Volume: 455,472
Technical Sentiment Signal: Sell
Current Market Cap: A$9.01M
For detailed information about RAG stock, go to TipRanks’ Stock Analysis page.