Cooper Energy Limited (AU:COE) has released an update.
Morgan Stanley and its subsidiaries have reported a significant change in their holdings of Cooper Energy Limited, with their voting power increasing from 11.30% to 13.77%. The financial giant’s various transactions, including both acquisitions and disposals, have resulted in a net increase of their stake by 65,374,194 ordinary shares. This strategic move by Morgan Stanley could indicate a growing confidence in the energy company’s prospects or a strategic investment play.
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