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Samuel Terry Asset Management Reduces Stake in Bisalloy Steel Group

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Samuel Terry Asset Management Reduces Stake in Bisalloy Steel Group

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Bisalloy Steel Group Ltd ( (AU:BIS) ) has provided an announcement.

Samuel Terry Asset Management Pty Ltd, a substantial holder in Bisalloy Steel Group Ltd, has reduced its voting power from 12.25% to 11.06% due to a series of on-market sales of ordinary shares. This change reflects a strategic adjustment in their investment, potentially impacting the company’s shareholder dynamics and market perception.

More about Bisalloy Steel Group Ltd

Bisalloy Steel Group Ltd operates in the steel industry, focusing on the production and distribution of high-strength, wear-resistant steel products. The company serves various sectors, including mining, construction, and defense, providing specialized steel solutions to meet industry demands.

Average Trading Volume: 66,515

Technical Sentiment Signal: Buy

Current Market Cap: A$155.7M

See more data about BIS stock on TipRanks’ Stock Analysis page.

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