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Liontown Resources Limited ( (AU:LTR) ) has provided an announcement.
State Street Corporation and several of its asset management and trust subsidiaries, including State Street Global Advisors entities in the U.S., Europe, and Australia, have lodged a notice that they have ceased to be a substantial holder in Liontown Resources Limited. The move reflects a reduction in their aggregate voting power below the substantial holding threshold, signalling a shift in the company’s institutional investor base that may slightly alter its ownership profile and governance dynamics for remaining shareholders.
The most recent analyst rating on (AU:LTR) stock is a Sell with a A$1.50 price target. To see the full list of analyst forecasts on Liontown Resources Limited stock, see the AU:LTR Stock Forecast page.
More about Liontown Resources Limited
Liontown Resources Limited is an Australian-listed company involved in the resources sector. The filing relates to its ordinary shares, which are held and traded by large institutional investors under Australia’s Corporations Act disclosure regime.
YTD Price Performance: -0.95%
Average Trading Volume: 27,221,657
Technical Sentiment Signal: Buy
Current Market Cap: A$4.96B
For detailed information about LTR stock, go to TipRanks’ Stock Analysis page.