West African Resources Says Morgan Stanley Becomes Substantial Holder; Shares Reach All-Time Peak

MT Newswires Live

01/07

West African Resources (ASX:WAF) said Morgan Stanley and its units became a substantial holder in the company on Jan. 2 with a 6.6% stake, according to a Wednesday Australian bourse filing.

The group now owns about 75.4 million ordinary shares of the company.

West African Resources' shares jumped over 4% in recent trading on Wednesday and earlier reached an all-time peak.

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