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Thorney Technologies Increases Stake in Beonic Limited

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Thorney Technologies Increases Stake in Beonic Limited

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

Thorney Technologies Limited has announced a change in its substantial holding in Beonic Limited, as reported in a recent Form 604 notice. The company, alongside its associates, experienced a change in voting power from 17.43% to 18.77% following recent transactions involving a 1-for-10 consolidation and a direct placement of shares. These changes signify an increased influence of Thorney Technologies in Beonic Limited, potentially impacting its strategic decisions and stakeholder interests.

More about Thorney Technologies Limited

YTD Price Performance: 8.57%

Technical Sentiment Consensus Rating: Hold

See more data about TEK stock on TipRanks’ Stock Analysis page.

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