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Albion Resources Sees Shift in Substantial Shareholder Interest
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Albion Resources Sees Shift in Substantial Shareholder Interest

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The latest announcement is out from Albion Resources Ltd. ( (AU:ALB) ).

Albion Resources Limited has reported a change in the substantial holding of Steven Formica, a significant shareholder. As of January 29, 2025, Formica’s voting power increased to 8 million shares, representing 6.06% of the total, due to a placement resulting in additional shares and a dilution of shareholding. This change may impact the company’s governance as Formica maintains a substantial influence over voting decisions.

More about Albion Resources Ltd.

YTD Price Performance: 2.50%

Average Trading Volume: 178,065

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$3.34M

For a thorough assessment of ALB stock, go to TipRanks’ Stock Analysis page.

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