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Helix Resources Director Expands Stake Through Takeover Offer
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Helix Resources Director Expands Stake Through Takeover Offer

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The latest announcement is out from Helix Resources Limited ( (AU:HLX) ).

Helix Resources Limited has announced a change in the indirect interests of its director, Michael George Frederick Povey, in the company’s securities. The director, through Acta Investment Group Pty Ltd, has acquired 67,421,918 fully paid ordinary shares as a result of Acta’s takeover offer, which closed on January 15, 2025. This acquisition increases Povey’s holding in the company and reflects strategic moves within the company’s management and ownership structure.

More about Helix Resources Limited

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €8.14M

For an in-depth examination of HLX stock, go to TipRanks’ Stock Analysis page.

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