Bowen Coking Coal Ltd (AU:BCB) has released an update.
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Square Resources Holdings Pty Ltd has become a substantial holder in Bowen Coking Coal Ltd, acquiring a 22.22% voting power with over 2.2 billion fully paid ordinary shares. This significant investment, valued at $20 million, signals a strong vote of confidence in Bowen Coking Coal’s potential, capturing the attention of stock market enthusiasts.
For further insights into AU:BCB stock, check out TipRanks’ Stock Analysis page.