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The latest announcement is out from Geopacific Resources Limited ( (AU:GPR) ).
Geopacific Resources Limited has announced that St Barbara Limited has become a substantial holder in the company, acquiring a 14.409% voting power through a share buyback agreement with Patronus Resources Limited and Patronus Invest Pty Ltd. This acquisition, involving 458,565,351 fully paid ordinary shares, signifies a strategic move by St Barbara Limited to increase its influence within Geopacific Resources, potentially impacting the company’s market position and stakeholder interests.
More about Geopacific Resources Limited
YTD Price Performance: 20.0%
Average Trading Volume: 530,341
Technical Sentiment Signal: Hold
Current Market Cap: A$76.38M
For a thorough assessment of GPR stock, go to TipRanks’ Stock Analysis page.