Emmerson Resources Limited (ASX:ERM) substantial shareholder Noontide Investments Ltd has increased its holding to 14.8% from 13.5% through a series of on-market transactions.
Noontide has acquired more than 5.3 million shares in transactions valued at almost $463,000 since March 26, 2018.
More than 60 million shares held
Along with its entities, Noontide now holds more than 60 million Emmerson shares.
Noontide Investments Ltd holds around 51.74 million shares, Noontide Capital Pty Ltd holds more than 6.6 million and Noontide Nominees Pty Ltd holds 1.75 million.
Emmerson shares are trading at around 8 cents.