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Control Bionics Appoints New Director with Significant Shareholding

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Control Bionics Appoints New Director with Significant Shareholding

An announcement from Control Bionics Ltd. ( (AU:CBL) ) is now available.

Control Bionics Ltd has announced the appointment of Stephanie Phillips as a director effective March 25, 2025. Phillips holds significant interests in the company, with 149,998 ordinary shares registered in her name and an additional 3,700,000 shares held through Ironwood Investments Pty Ltd. This appointment and Phillips’ substantial shareholding could influence the company’s strategic direction and strengthen its market position.

More about Control Bionics Ltd.

Control Bionics Ltd (CBL) operates in the technology industry, focusing on developing and providing advanced communication and control solutions for individuals with disabilities. Its primary products include neuro-based assistive technology devices that help users communicate and interact with their environment.

YTD Price Performance: -43.33%

Average Trading Volume: 152,923

Technical Sentiment Signal: Buy

Current Market Cap: A$11.78M

For detailed information about CBL stock, go to TipRanks’ Stock Analysis page.

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