West African Resources Says Morgan Stanley Becomes Substantial Shareholder

MT Newswires Live

02/02

West African Resources (ASX:WAF) said Morgan Stanley and its subsidiaries became a substantial shareholder in the company on Jan. 28, as they now hold 5.7% stake in the company, or about 65.1 million shares, according to a Monday Australian bourse filing.

The company's shares were down 4% on market close.

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