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Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) has issued an update.
5G Networks Limited (5GN) has increased its voting power in AuCyber Limited (CYB) from 15.25% to 21.43% through acquisitions of fully paid ordinary shares on the ASX. This change in interest highlights 5GN’s strategic move to strengthen its influence in AuCyber, potentially impacting the company’s market positioning and stakeholder relations.
More about Sovereign Cloud Holdings Ltd.
YTD Price Performance: -10.0%
Average Trading Volume: 265,252
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.72M
For a thorough assessment of CYB stock, go to TipRanks’ Stock Analysis page.
