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Rey Resources Ltd ( (AU:REY) ) has shared an announcement.
Rey Resources Ltd has seen a change in the substantial holding of its shares, with Vigorous Resources Pty Ltd increasing its voting power from 38.052% to 42.118%. This change occurred through an off-market takeover, involving a transaction valued at $240,806.75 for 8,600,241 ordinary shares. This increase in stake by Vigorous Resources may enhance its influence over Rey Resources Ltd, potentially impacting company decisions and strategic direction.
More about Rey Resources Ltd
Average Trading Volume: 88,610
Technical Sentiment Signal: Sell
Current Market Cap: A$5.92M
For detailed information about REY stock, go to TipRanks’ Stock Analysis page.