Spacetalk Announces Change in Substantial Holder Interests

Tip Ranks
2025.04.14 08:18
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Spacetalk Limited (ASX: SPA) has announced a change in substantial holder interests, with Thorney Technologies Ltd increasing its voting power from 27.36% to 29.61% due to a share consolidation and placement. This change may impact Spacetalk's market dynamics and strategic decisions. The company's current market cap is €6.52M, with a year-to-date price performance of 2.20% and a strong buy technical sentiment signal.

SPACETALK Limited ( (AU:SPA) ) has shared an update.

Spacetalk Limited, listed on the ASX under the ticker SPA, has announced a change in the interests of a substantial holder, Thorney Technologies Ltd. This change involves a share consolidation and a placement that has resulted in Thorney Technologies Ltd increasing its voting power from 27.36% to 29.61%. This adjustment in shareholding could potentially impact Spacetalk’s market dynamics and influence its strategic decisions, given Thorney’s increased stake in the company.

More about SPACETALK Limited

YTD Price Performance: 2.20%

Average Trading Volume: 2,825

Technical Sentiment Signal: Strong Buy

Current Market Cap: €6.52M

See more data about SPA stock on TipRanks’ Stock Analysis page.

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