tiprankstipranks
Trending News
More News >

Sipa Resources Limited Sees Increase in Substantial Holder’s Voting Power

Story Highlights
Sipa Resources Limited Sees Increase in Substantial Holder’s Voting Power

Don’t Miss TipRanks’ Half-Year Sale

Sipa Resources Limited ( (AU:SRI) ) has issued an update.

Sipa Resources Limited has experienced a change in the interests of its substantial holder, with JM Financial Group Limited and No Plan B Pty Ltd increasing their voting power from 5.37% to 6.81% through an on-market purchase of 6,000,000 shares. This change in substantial holding indicates a growing interest and confidence from these entities in Sipa Resources Limited, potentially impacting the company’s market positioning and signaling positive sentiment to other stakeholders.

More about Sipa Resources Limited

Average Trading Volume: 2,038,654

Technical Sentiment Signal: Sell

Current Market Cap: A$6.04M

For a thorough assessment of SRI stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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
1