tiprankstipranks

Sibelco Increases Stake in Diatreme Resources

Story Highlights
Sibelco Increases Stake in Diatreme Resources

Diatreme Resources Limited ( (AU:DRX) ) has shared an announcement.

Diatreme Resources Limited has announced a change in the interests of a substantial holder, Sibelco Asia Pacific Pty Ltd. The voting power of Sibelco Asia Pacific Pty Ltd in Diatreme Resources Limited has increased from 22.01% to 23.05%, reflecting an acquisition of additional fully paid ordinary shares. This change in voting power may influence the company’s strategic decisions and impact its market dynamics.

More about Diatreme Resources Limited

YTD Price Performance: 10.0%

Average Trading Volume: 1,022,619

Technical Sentiment Signal: Buy

Current Market Cap: A$110.2M

See more data about DRX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App