JPM · News · 20260917N

Prime Brokerage Position Change

JPMORGAN CHASE & CO · 2026-09-17 · Importance 14 · Surprise 24

JPMorgan Chase and its global affiliates ceased to be a substantial holder in West African Resources as of September 15, 2026. The reduction reflected trading, securities lending, collateral and prime brokerage activities rather than a single disclosed investment decision. The change could alter West African Resources’ shareholder mix and affect investor sentiment, while the latest analyst rating cited in the report was Hold with a A$4.00 price target.

Key facts

• JPMorgan Chase and its global affiliates have significantly reduced their aggregate interest in West African Resources Ltd, ceasing to be a substantial holder as of September 15, 2026, and the change is attributed to various trading, lending, collateral, and prime brokerage activities. source