Linius Technologies (AU:LNU) has released an update.
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MARKUS INVESTMENTS PTY LTD has become a substantial holder in Linius Technologies Limited, with a 5.886% voting power through 326,454,555 ordinary shares. The significant stake was acquired on 26/04/2024 with a cash consideration of $250,000 for 125,000,000 of those shares. This move indicates a notable shift in the company’s ownership structure, potentially signaling strategic changes ahead.
For further insights into AU:LNU stock, check out TipRanks’ Stock Analysis page.