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Webcentral Ltd ( (AU:5GN) ) just unveiled an announcement.
JD Management Group Pty Ltd, along with its associates, has ceased to be a substantial holder in 5G Networks Limited as of December 31, 2024. This change was due to the disposal of 55,000,000 fully paid ordinary shares through off-market transfers amounting to $8,250,000. The change in substantial holding affects the voting securities and potentially alters the influence JD Management and its associates have over the company’s decision-making processes.
More about Webcentral Ltd
YTD Price Performance: 37.50%
Average Trading Volume: 8,320
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $31.32M
Learn more about 5GN stock on TipRanks’ Stock Analysis page.
