Thorney Technologies Ups Stake in Spacetalk
Company Announcements

Thorney Technologies Ups Stake in Spacetalk

Thorney Technologies Limited (AU:TEK) has released an update.

Thorney Technologies Ltd has announced a change in their substantial holding in Spacetalk Limited, as detailed in a recent Form 604 filed in accordance with the Corporations Act. The update reflects changes in the number of ordinary shares held and voting power, which increased from 22.80% to 27.36% following recent transactions including placements and sub underwritings. These transactions involved a combination of consideration paid and nil-cost acquisitions, significantly altering Thorney’s stake in Spacetalk.

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

Related Articles
TipRanks Australian Auto-Generated NewsdeskThorney Technologies Expands Stake in Beonic Limited
TipRanks Australian Auto-Generated NewsdeskThorney Technologies Updates Share Buy-Back Plan
TipRanks Australian Auto-Generated NewsdeskThorney Technologies Concludes Significant Share Buy-Back
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App