Orion Metals Share Ownership Shifts Notably

Orion Metals Limited (AU:ORM) has released an update.

Australia Conglin International Investment Group Pty Ltd (ACIIG) has reported changes in its substantial holding in Orion Metals Limited, with its voting power shifting from 23.70% to 11.58% due to recent transactions including the acquisition of shares by director Bin Cai in lieu of outstanding director fees. This indicates a significant shift in the company’s share ownership structure, which may interest investors monitoring corporate control dynamics.

For further insights into AU:ORM stock, check out TipRanks’ Stock Analysis page.