tiprankstipranks
Company Announcements

Cumulus Wealth Reduces Stake in Noronex Limited

Story Highlights
Cumulus Wealth Reduces Stake in Noronex Limited

Discover the Best Stocks and Maximize Your Portfolio:

Noronex Ltd. ( (AU:NRX) ) has issued an update.

Noronex Limited has experienced a change in the substantial holding interest by Cumulus Wealth. As of January 13, 2025, Cumulus Wealth’s voting power in Noronex has decreased from 10.31% to 8.84%, with the number of fully paid ordinary shares dropping from 51,160,000 to 44,160,000. This change may influence the company’s stakeholder dynamics and reflect shifts in investment strategies or market confidence.

More about Noronex Ltd.

YTD Price Performance: 50.0%

Average Trading Volume: 775,022

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$7.5M

Find detailed analytics on NRX stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1