Flinders Mines Limited ( (AU:RHK) ) just unveiled an announcement.
OCJ Investments Pty Ltd, along with Chunlin Ouyang and his controlled entities, has ceased to be a substantial holder in Red Hawk Mining Limited. This change follows the disposal of shares in Red Hawk Mining Limited, resulting from the acceptance of FMG Pilbara Pty Ltd’s off-market takeover bid. The transaction involved the sale of 42,364,983 fully paid ordinary shares at $1.20 per share, impacting the company’s shareholder structure and potentially altering its market positioning.
More about Flinders Mines Limited
YTD Price Performance: 44.00%
Average Trading Volume: 1
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €154M
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