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ReadCloud Ltd. ( (AU:RCL) ) just unveiled an update.
ReadCloud Ltd, a company listed on the Australian Securities Exchange (ASX), has announced a change in the interests of a substantial shareholder, Thorney Technologies Ltd. The notice indicates an increase in voting power from 10.92% to 12.27%, reflecting a significant shift in shareholder dynamics. This change could impact ReadCloud’s strategic decisions and influence its market positioning, as Thorney Technologies Ltd now holds a greater stake in the company.
More about ReadCloud Ltd.
YTD Price Performance: 21.25%
Average Trading Volume: 64,771
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$14.65M
For a thorough assessment of RCL stock, go to TipRanks’ Stock Analysis page.