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5G Networks Updates Takeover Bid Closing Date for AuCyber
Company Announcements

5G Networks Updates Takeover Bid Closing Date for AuCyber

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Invest with Confidence:

Webcentral Ltd ( (AU:5GN) ) has provided an announcement.

5G Networks Limited (5GN) announced a correction regarding the closing date of their offer under the on-market takeover bid for AuCyber Limited (CYB), stating it will now close on February 6, 2025, instead of the previously announced January 30, 2025. This adjustment underscores 5GN’s commitment to transparency and accuracy in its corporate actions, potentially impacting stakeholder expectations and the strategic positioning within the industry.

More about Webcentral Ltd

5GN is an Australian owned digital services company providing a wide range of services including Cloud, Data networks, Data centres, managed IT services, and digital marketing. With a presence in major Australian cities and international locations like Singapore, USA, Hong Kong, and New Zealand, 5GN operates a high-speed data network and offers managed cloud solutions. The company is committed to fostering online success for its clients through expertise, innovation, and personalized service.

YTD Price Performance: 15.38%

Average Trading Volume: 7,967

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $31.67M

For detailed information about 5GN stock, go to TipRanks’ Stock Analysis page.

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