Sovereign Cloud Holdings Ltd. ( (AU:CYB) ) has provided an update.
AUCYBER LIMITED has announced a change in the director’s interest, specifically involving Hugh Robertson. The director acquired 41,090,203 Ordinary Class Shares through participation in an Entitlement Offer, increasing his total holdings to 187,782,227 shares. This acquisition, valued at $2,465,412.18, reflects a strategic move by the company to strengthen its capital base and potentially enhance its market position.
More about Sovereign Cloud Holdings Ltd.
YTD Price Performance: -32.86%
Average Trading Volume: 2,217,820
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$19.68M
For a thorough assessment of CYB stock, go to TipRanks’ Stock Analysis page.