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Samson Rock Capital Increases Stake in Dropsuite Limited

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Samson Rock Capital Increases Stake in Dropsuite Limited

Dropsuite ( (AU:DSE) ) just unveiled an announcement.

Samson Rock Capital LLP, along with its associated funds, has increased its stake in Dropsuite Limited, now holding 6.40% of the voting power through ordinary shares. This change in substantial holding, up from 5.26%, indicates a growing interest and confidence in Dropsuite’s market potential, possibly influencing the company’s strategic direction and stakeholder relations.

More about Dropsuite

Dropsuite Limited operates in the technology industry, focusing on cloud-based software solutions. The company provides data backup, archiving, and recovery services, catering primarily to small and medium-sized businesses seeking to protect their digital assets.

Technical Sentiment Signal: Hold

Current Market Cap: $244.5M

For an in-depth examination of DSE stock, go to TipRanks’ Stock Analysis page.

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