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Tolu Minerals Sees Increase in Substantial Holder Stake

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Tolu Minerals Sees Increase in Substantial Holder Stake

Confident Investing Starts Here:

Tolu Minerals Limited ( (AU:TOK) ) has provided an update.

Tolu Minerals Limited has reported a change in the interests of substantial holder Larry Andagali, who increased his stake in the company. The voting power of Andagali has risen from 5.44% to 6.80% due to off-market purchases. This adjustment in ownership showcases a significant strategic move by Andagali and LLA Investments, reflecting confidence in the company’s future prospects and potentially influencing the company’s governance and strategic direction.

More about Tolu Minerals Limited

YTD Price Performance: -3.05%

Average Trading Volume: 89,383

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$132.7M

See more insights into TOK stock on TipRanks’ Stock Analysis page.

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