Joseph Demase Sells 10,000,000 Shares of 5G Networks (ASX:5GN) Stock

5G Networks Limited (ASX:5GN) insider Joseph Demase sold 10,000,000 shares of 5G Networks stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of A$0.14, for a total value of A$1,400,000.00.

5G Networks Price Performance

The company has a current ratio of 2.05, a quick ratio of 0.45 and a debt-to-equity ratio of 17.82.

About 5G Networks

5G Networks Limited, a digital services company, provides cloud enabling solutions in Australia and New Zealand. The company offers data connectivity, cloud and data center, and managed services. It provides cloud-based solutions and network services; and operates fiber and wireless infrastructure, manages cloud computing environment, and operates data center facilities.