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Battery Minerals Ltd. ( (AU:WTM) ) has shared an update.
Regal Partners Funds Management Pty Ltd, together with related entities under Regal Partners Ltd, has ceased to be a substantial holder in Waratah Minerals Ltd, according to a notice lodged under Australia’s Corporations Act. The move follows a series of on-market trades through 2025, including multiple disposals of ordinary shares and at least one significant purchase, which collectively reduced Regal’s voting power below the substantial holding threshold.
The disclosed transactions show a net sell-down over several months, culminating in the fund manager’s exit from substantial holder status as of early March 2026. This change may signal a shift in institutional support and trading dynamics for Waratah Minerals’ stock, potentially affecting liquidity and the company’s share register composition as a key professional investor pares back its exposure.
The most recent analyst rating on (AU:WTM) stock is a Sell with a A$0.60 price target. To see the full list of analyst forecasts on Battery Minerals Ltd. stock, see the AU:WTM Stock Forecast page.
More about Battery Minerals Ltd.
Waratah Minerals Ltd is an Australian minerals exploration and development company focused on resource projects, including battery and industrial minerals. The company operates in the mining sector and attracts institutional investors such as Regal Partners, reflecting engagement from specialised funds in the resources and energy transition space.
Average Trading Volume: 760,275
Technical Sentiment Signal: Buy
Current Market Cap: A$233.5M
Learn more about WTM stock on TipRanks’ Stock Analysis page.