Stocks
JPMorgan Chase Drops Substantial Holder Status in West African Resources
JPMorgan Chase & Co. has ceased to be a substantial holder in West African Resources.
This information was made public through an update on the Australian Securities and Investments Commission (ASIC) website, which requires companies to disclose any changes in their shareholdings.
The change in ownership status is based on data from May 2023, where JPMorgan Chase & Co. held a significant stake in West African Resources, but it appears they have reduced or divested their holdings below the threshold required for substantial holder status.