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United Super Acquires Significant Stake in New World Resources

United Super Acquires Significant Stake in New World Resources

New World Resources Limited (AU:NWC) has released an update.

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United Super Pty Ltd has emerged as a substantial shareholder in New World Resources Limited, with a 5.61% stake amounting to 159,199,670 ordinary shares. The acquisition of these shares, which positions United Super as a notable influencer in the company’s affairs, was completed on July 24, 2024. The shares are held in custody by JP Morgan Nominees Australia Ltd on behalf of United Super.

For further insights into AU:NWC stock, check out TipRanks’ Stock Analysis page.

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