Tectonic Fund Boosts Stake in 5G Networks Ltd
Company Announcements

Tectonic Fund Boosts Stake in 5G Networks Ltd

Webcentral Ltd (AU:5GN) has released an update.

Boutique Capital Pty Ltd, operating under the Tectonic Opportunities Fund, has increased its stake in 5G Networks Limited, with its voting power rising from 6.34% to 7.45% as of August 7, 2024. The fund now holds 23,281,276 ordinary shares in the company, indicating a significant change in interest since the last report on July 15, 2024. This shift represents a strategic move by the investment fund, potentially signaling confidence in 5G Networks Limited’s future.

For further insights into AU:5GN stock, check out TipRanks’ Stock Analysis page.

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