Sierra Rutile Holdings Limited (AU:SRX) has released an update.
Sierra Rutile Holdings Limited has experienced a significant change in shareholding, with Leonoil Company Limited and associated parties increasing their voting power from 92.61% to 93.85% through a series of off-market takeover bid acceptances. These transactions involved acquiring over 4 million ordinary shares at $0.18 per share, further consolidating Leonoil’s control over the company.
For further insights into AU:SRX stock, check out TipRanks’ Stock Analysis page.