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5G Networks Boosts Stake in AuCyber Limited

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5G Networks Boosts Stake in AuCyber Limited

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An update from Webcentral Ltd ( (AU:5GN) ) is now available.

5G Networks Limited (5GN) has significantly increased its voting power in AuCyber Limited, holding 47.912% of fully paid ordinary shares. The change in substantial holding is attributed to on-market acquisitions as outlined in their bidder’s statement, potentially enhancing 5GN’s influence over AuCyber’s strategic direction.

More about Webcentral Ltd

Webcentral Ltd operates within the telecommunications and IT services industry, focusing on providing network solutions and digital services. The company is known for its substantial involvement in areas such as cloud computing, data center services, and managed IT solutions, catering primarily to business clients.

YTD Price Performance: -18.75%

Average Trading Volume: 6,602

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $30.94M

Find detailed analytics on 5GN stock on TipRanks’ Stock Analysis page.

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