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The latest update is out from PhosCo Ltd ( (AU:PHO) ).
Cumulus Wealth has increased its holding in PhosCo Ltd, now holding 62,918,978 fully paid ordinary shares, which represents a voting power of 14.35%. This change in substantial holding reflects a strategic adjustment in Cumulus Wealth’s investment portfolio, potentially impacting PhosCo’s market perception and investor confidence.
More about PhosCo Ltd
PhosCo Ltd operates in the industry of mineral exploration and development, focusing on the extraction and processing of phosphate resources. The company is engaged in producing phosphate-based products, which are essential for agricultural fertilizers, catering to the growing demand in the agricultural sector.
Average Trading Volume: 167,539
Technical Sentiment Signal: Sell
Current Market Cap: A$28.93M
Find detailed analytics on PHO stock on TipRanks’ Stock Analysis page.