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Dongming Ye Acquires Significant Stake in Rey Resources Ltd

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Dongming Ye Acquires Significant Stake in Rey Resources Ltd

Rey Resources Ltd ( (AU:REY) ) has shared an announcement.

Rey Resources Ltd has announced that Dongming Ye has become a substantial holder in the company, acquiring a significant voting power of 11.942% through the purchase of 25,264,286 fully paid ordinary shares. This acquisition marks a notable shift in the company’s shareholder structure, potentially impacting its strategic direction and stakeholder interests.

More about Rey Resources Ltd

YTD Price Performance: -5.00%

Average Trading Volume: 10,776

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$8.04M

For detailed information about REY stock, go to TipRanks’ Stock Analysis page.

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