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Emirene Pty Ltd Acquires Substantial Stake in Connexion Mobility Ltd

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Emirene Pty Ltd Acquires Substantial Stake in Connexion Mobility Ltd

Confident Investing Starts Here:

The latest announcement is out from Connexion Telematics Limited ( (AU:CXZ) ).

Emirene Pty Ltd has become a substantial holder in Connexion Mobility Ltd, acquiring a 5.01% voting power through 40,903,590 fully paid ordinary shares. This acquisition marks a significant change in the shareholder structure of Connexion Mobility Ltd, potentially impacting its governance and strategic decisions.

More about Connexion Telematics Limited

YTD Price Performance: -25.00%

Average Trading Volume: 35,000

Technical Sentiment Signal: Hold

Current Market Cap: €12.57M

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

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