tiprankstipranks
Trending News
More News >

Thorney Technologies’ Stake in Way2VAT Diluted

Story Highlights
Thorney Technologies’ Stake in Way2VAT Diluted

Don’t Miss TipRanks’ Half-Year Sale

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

Thorney Technologies Limited, a significant shareholder in Way2VAT Limited, has experienced a dilution in its holdings due to the issuance of new shares by Way2VAT. This change, effective from June 12, 2025, has reduced Thorney’s voting power in Way2VAT from 14.99% to 12.37%, potentially impacting Thorney’s influence in the company.

More about Thorney Technologies Limited

YTD Price Performance: -23.08%

Average Trading Volume: 220,268

Technical Sentiment Signal: Strong Sell

For a thorough assessment of TEK stock, go to 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