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5G Networks Expands Influence in AuCyber Limited

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5G Networks Expands Influence in AuCyber Limited

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Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) just unveiled an update.

5G Networks Limited, a telecommunications company, has increased its shareholding in AuCyber Limited, enhancing its influence in the company. The voting power of 5G Networks in AuCyber has grown significantly from 21.43% to 47.912%, indicating a strategic move to strengthen its position in the cybersecurity industry and potentially effect future company decisions.

More about Sovereign Cloud Holdings Ltd.

YTD Price Performance: -6.67%

Average Trading Volume: 1,165,765

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$22.9M

For an in-depth examination of CYB stock, go to TipRanks’ Stock Analysis page.

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