The latest announcement is out from Maximus Resources Limited ( (AU:MXR) ).
Maximus Resources Limited has experienced a change in the interests of substantial holder Astral Resources NL, which now holds 70.08% of the voting power, up from 68.09%. This change is due to Astral’s off-market takeover bid, where they acquired additional shares, offering one fully paid ordinary share in Astral for every two shares in Maximus. This acquisition increases Astral’s influence over Maximus, potentially impacting the company’s strategic direction and stakeholder interests.
More about Maximus Resources Limited
YTD Price Performance: 7.14%
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €16.61M
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