tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Toubani Resources’ Substantial Holdings Update

Story Highlights
  • Toubani Resources’ substantial holdings have changed, with HSBC involved in multiple share transactions.
  • The company’s voting power decreased due to new securities issuance, affecting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Toubani Resources Limited Registered Shs ( (AU:TRE) ) has provided an announcement.

Toubani Resources Limited has experienced changes in its substantial holdings, as reported by Perennial Value Management Limited. HSBC has made several transactions involving buying and selling shares in the market, resulting in fluctuations in voting power. The company’s voting power decreased due to the issuance of new securities as part of a placement announced earlier in the year, impacting its market position.

The most recent analyst rating on (AU:TRE) stock is a Buy with a A$1.25 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.

More about Toubani Resources Limited Registered Shs

Average Trading Volume: 506,931

Technical Sentiment Signal: Buy

Current Market Cap: A$13.01M

Learn more about TRE stock on 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