Laurie Thomas Trust Secures 8% of Cryosite Limited

Cryosite Limited (AU:CTE) has released an update.

Laurie Thomas Family Nominees Pty Ltd has become a notable investor in Cryosite Limited, acquiring an 8.195% stake with 4 million ordinary shares, solidified between May and June 2024 for a total consideration of $4 million. This substantial holding showcases a significant financial move by the Laurie Thomas Family trust, indicating a strong interest and potential influence in Cryosite’s future.

For further insights into AU:CTE stock, check out TipRanks’ Stock Analysis page.