Resources & Energy Group Limited (AU:REZ) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Carl Charalambous has become a substantial holder in Resources & Energy Group Limited, holding a significant interest through entities Kyriaco Barber Pty Ltd and Charalambous Super Pty Ltd. The acquisition, totaling 36.6 million shares, represents a 5.3% voting power in the company, reflecting a strategic move in the energy sector. This development highlights potential shifts in the company’s shareholder dynamics, potentially impacting future business strategies.
For further insights into AU:REZ stock, check out TipRanks’ Stock Analysis page.