Matsa Resources (ASX:MAT) has received a notice of change of interests of substantial holder from Bulletin Resources (ASX:BNR).
Bulletin has increased its stake in Matsa by over one percentage point to 25.42%, through on-market purchases.
Matsa is well-funded and holds circa $14 million in cash and liquid equities, and is focused on projects in Australia and Thailand.
In Australia, the company's wholly-owned Symons Hill located within the Fraser Range Tectonic zone, six kilometres from Sirius Resources (ASX:SIR) Nova nickel mine.
In Thailand, its Siam Copper Project recently yielded a 10cm vein returning an assay of 45% copper and 123g/t silver.
This is likely to be the source of recent float sample RK142, which returned 54.7% copper and 148g/t silver.
News: Matsa Resources' substantial holder in on-market buying spree
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $97.38M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $475.9K | 3.692M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 383098 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 140333 | 3 |
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| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| MAT (ASX) Chart |