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An update from Iofina plc ( (GB:IOF) ) is now available.
Iofina plc has disclosed a change in major holdings, with David and Monique Newlands increasing their voting rights in the company from 8.111% to 9.074%. This adjustment in holdings reflects a significant acquisition of shares and financial instruments, indicating potential strategic interests or confidence in the company’s future prospects.
More about Iofina plc
Iofina plc operates in the specialty chemical industry, primarily focusing on the production of iodine and iodine derivatives. The company leverages its proprietary technology to extract iodine from brine water sourced from oil and gas fields, positioning itself as a key player in the global iodine market.
YTD Price Performance: -29.41%
Average Trading Volume: 338,071
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £34.53M
Learn more about IOF stock on TipRanks’ Stock Analysis page.
