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Substantial Holding Increase in Red Hill Minerals

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Substantial Holding Increase in Red Hill Minerals

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The latest announcement is out from Red Hill Iron Limited ( (AU:RHI) ).

Red Hill Minerals Limited has announced a change in the interest of its substantial holder, Aigle Royal Superannuation Pty Ltd ATF The A. Poli Superannuation Fund. The fund increased its voting power from 11.90% to 12.94% as of January 17, 2025, indicating a strengthened position in the company. This change in voting power could potentially influence the company’s strategic decisions and reflects a growing confidence in the company’s future prospects.

More about Red Hill Iron Limited

YTD Price Performance: 0.73%

Average Trading Volume: 35,453

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: A$265.5M

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

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