tiprankstipranks
Trending News
More News >

Thorney Technologies Sees Increase in Substantial Holder’s Stake

Story Highlights
Thorney Technologies Sees Increase in Substantial Holder’s Stake

Don’t Miss TipRanks’ Half-Year Sale

Thorney Technologies Limited ( (AU:TEK) ) just unveiled an update.

Thorney Technologies Limited, listed on the ASX under the ticker TEK, has announced a change in the interests of its substantial holder, Thorney Holdings Proprietary Limited. The notice indicates that Thorney Holdings has increased its voting power in Thorney Technologies from 27.20% to 28.29% through a series of market purchases. This change in shareholding suggests a strategic move by Thorney Holdings to strengthen its influence within Thorney Technologies, potentially impacting the company’s future decisions and direction.

More about Thorney Technologies Limited

Average Trading Volume: 217,699

Technical Sentiment Signal: Strong Sell

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1