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The latest update is out from Webcentral Ltd ( (AU:5GN) ).
AUCyber Limited has announced that control of the company has passed to 5GN, which now holds 50.71% of the voting power in AUCyber shares. The AUCyber Board recommends that shareholders accept 5GN’s Revised Offer, which has been declared final and is set to close on 17 February 2025. This change in control marks a significant shift in AUCyber’s operational landscape, potentially impacting its strategic direction and stakeholder interests.
More about Webcentral Ltd
AUCyber Limited is a prominent Australian company known for its award-winning brands, AUCyber and AUCloud, which provide comprehensive cyber security, secure private cloud, and managed technology services. The company specializes in delivering secure cloud infrastructure and cyber security consulting services to enterprise and government customers, employing Australian security-cleared professionals and holding top security accreditations.
YTD Price Performance: -16.67%
Average Trading Volume: 6,602
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $30.35M
For an in-depth examination of 5GN stock, go to TipRanks’ Stock Analysis page.
