Thorney Technologies Limited ( (AU:TEK) ) just unveiled an announcement.
Thorney Technologies Limited has announced a change in its substantial holding in ReadCloud Ltd, as per the Form 604 Notice dated 6 March 2025. This change reflects an increase in Thorney’s voting power from 10.92% to 12.27%, indicating a strategic move to strengthen its influence in ReadCloud Ltd. Such adjustments in holdings can impact the company’s market positioning and stakeholder interests, potentially affecting ReadCloud’s operational decisions and investor confidence.
More about Thorney Technologies Limited
Thorney Technologies Limited operates in the technology investment industry, focusing on acquiring and managing substantial holdings in various technology companies. The company is involved in strategic investments and market trading to enhance its portfolio and influence within the tech sector.
YTD Price Performance: -1.43%
Technical Sentiment Consensus Rating: Strong Buy
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