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Thorney Technologies Adjusts Stake in Pentanet

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Thorney Technologies Adjusts Stake in Pentanet

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Thorney Technologies Limited ( (AU:TEK) ) has shared an announcement.

Thorney Technologies Limited has announced a change in its substantial holding in Pentanet Ltd, as detailed in a Form 604 Notice. The changes reflect a series of market sales and placements affecting the voting power of Thorney Technologies and its associated entities, resulting in a slight decrease in their voting power from 7.79% to 6.78%. This adjustment in holdings could impact Thorney’s influence within Pentanet, potentially affecting strategic decisions and stakeholder interests.

More about Thorney Technologies Limited

Thorney Technologies Limited operates in the technology investment sector, focusing on identifying and investing in emerging technology companies. The company aims to leverage its expertise to enhance the growth potential of its portfolio companies.

Average Trading Volume: 222,598

Technical Sentiment Signal: Strong Sell

Learn more about TEK stock on TipRanks’ Stock Analysis page.

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