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Thorney Technologies Limited ( (AU:TEK) ) just unveiled an announcement.
Thorney Technologies Limited has announced a change in its substantial holding in Spacetalk Limited, as per the Form 604 Notice dated April 14, 2025. The change involves a share consolidation and a placement, resulting in an increase in voting power from 27.36% to 29.61%. This adjustment in holdings reflects Thorney Technologies’ ongoing strategic maneuvers to strengthen its influence and investment in Spacetalk Limited, potentially impacting the company’s market dynamics and stakeholder interests.
More about Thorney Technologies Limited
Thorney Technologies Limited operates in the technology investment sector, focusing on investing in technology-related companies and ventures. The company is known for its strategic investments and partnerships aimed at enhancing its portfolio and market presence.
YTD Price Performance: -28.57%
Technical Sentiment Signal: Strong Buy
Learn more about TEK stock on TipRanks’ Stock Analysis page.