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5GN Raises Takeover Offer for AuCyber to 13.5 Cents
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5GN Raises Takeover Offer for AuCyber to 13.5 Cents

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Invest with Confidence:

Webcentral Ltd ( (AU:5GN) ) just unveiled an update.

5GN has increased its offer price for the on-market takeover bid for AuCyber Limited from 11 cents to 13.5 cents per share, marking it as the final offer unless legally required to extend. This strategic move reflects 5GN’s commitment to expanding its influence and capabilities in the digital services industry, potentially impacting stakeholders by enhancing market positioning and growth opportunities.

More about Webcentral Ltd

5GN is an Australian owned digital services company that empowers over 2,500 corporate clients through a comprehensive portfolio of offerings in Cloud, Data networks, Data centres, managed IT services, and digital marketing. The company operates a high-speed data network with international reach and provides managed cloud solutions and services to optimize IT and network environments, supported by a substantial rack capacity in data centres across major Australian cities.

YTD Price Performance: 15.38%

Average Trading Volume: 7,967

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $31.67M

See more data about 5GN stock on TipRanks’ Stock Analysis page.

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