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An announcement from Silex Systems Limited ( (AU:SLX) ) is now available.
Van Eck Associates Corporation (VEAC) has become a substantial holder in Silex Systems Limited, acquiring a 5.39% voting power through its investment management business. This acquisition, involving over 12.8 million ordinary shares, signifies a notable investment in Silex Systems, potentially impacting the company’s market positioning and stakeholder interests in the nuclear energy sector.
The most recent analyst rating on (AU:SLX) stock is a Buy with a A$6.90 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.
More about Silex Systems Limited
Silex Systems Limited operates in the technology sector, focusing on the development and commercialization of advanced technologies primarily in the nuclear energy and uranium enrichment industries.
Average Trading Volume: 1,257,186
Technical Sentiment Signal: Sell
Current Market Cap: A$919.1M
Find detailed analytics on SLX stock on TipRanks’ Stock Analysis page.