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Eric Lim Acquires Substantial Stake in Magnetic Resources NL

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Eric Lim Acquires Substantial Stake in Magnetic Resources NL

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Magnetic Resources NL ( (AU:MAU) ) has provided an update.

Magnetic Resources NL has announced that Mr. Eric Lim has become a substantial holder in the company as of February 3, 2025, with a total voting power of 6.26% through his direct and associated holdings. This acquisition of a significant voting stake suggests a potential impact on the company’s governance and decision-making processes, which could have implications for its strategic direction and influence within its market sector.

More about Magnetic Resources NL

YTD Price Performance: 9.09%

Average Trading Volume: 94,841

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$320.1M

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

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