Industrial Minerals Limited (AU:IND) has released an update.
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Industrial Minerals Limited has disclosed a change in substantial holding by Tristar Nominees Pty Ltd, with an increase in voting power from 6.24% to 6.46% due to on-market buys and a capital raise dilution. The total votes now held by Tristar Nominees after the transaction amount to 4,815,000. These changes in shareholding dynamics could signal potential shifts in company control and investor confidence.
For further insights into AU:IND stock, check out TipRanks’ Stock Analysis page.