Empire Resources Limited (AU:ERL) has released an update.
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Empire Resources Limited has seen a notable change in its shareholder landscape, with substantial holder Michael Ruane increasing his voting power from 35.88% to 36.29% through various transactions, including on-market purchases and rights issue uptakes. The changes occurred between December 2022 and May 2024, affecting a total of over 138 million votes. This shift in shareholding may influence the company’s future strategic directions and investor decisions.
For further insights into AU:ERL stock, check out TipRanks’ Stock Analysis page.