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Webcentral Ltd ( (AU:5GN) ) just unveiled an announcement.
5G Networks Limited (ASX: 5GN) announced that more than 25% of votes were against the adoption of the remuneration report, marking a ‘second strike’ under the Corporations Act 2001. This led to a spill resolution being proposed, which was not carried. This outcome could have implications for the company’s governance and stakeholder relations.
The most recent analyst rating on (AU:5GN) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Webcentral Ltd stock, see the AU:5GN Stock Forecast page.
More about Webcentral Ltd
5GN is an Australian-owned digital services company that empowers over 2,500 corporate clients with a wide range of digital services, including cloud solutions, data networks, data centers, managed IT services, and digital marketing. The company operates a high-speed data network with international reach and offers managed cloud solutions through its data centers located in major Australian cities and internationally.
Average Trading Volume: 460,874
Technical Sentiment Signal: Sell
Current Market Cap: A$38.95M
Find detailed analytics on 5GN stock on TipRanks’ Stock Analysis page.