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5G Networks Expands Stake in AuCyber Limited

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5G Networks Expands Stake in AuCyber Limited

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The latest announcement is out from Sovereign Cloud Holdings Ltd. ( (AU:CYB) ).

5G Networks Limited has increased its voting power in AuCyber Limited from 63.089% to 71.376% through acquisitions of fully paid ordinary shares on the market. This change in substantial holding indicates a strategic move by 5G Networks to strengthen its influence and control over AuCyber Limited, potentially impacting company decisions and future strategic directions.

More about Sovereign Cloud Holdings Ltd.

YTD Price Performance: -10.0%

Average Trading Volume: 1,516,956

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$22.08M

See more data about CYB stock on TipRanks’ Stock Analysis page.

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