Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An announcement from Althea Group Holdings Ltd. ( (AU:AGH) ) is now available.
Althea Group Holdings has sought curative orders from the Federal Court of Australia to address its prior failures to lodge Cleansing Notices, which impacted the validity of certain share transactions. The company plans to take remedial actions, including lodging a cleansing prospectus and requesting the reinstatement of its securities for trading, should the court grant the desired declarations and orders. This move, along with the recent appointment of a new Company Secretary, aims to improve governance and strategic oversight, potentially restoring investor confidence.
More about Althea Group Holdings Ltd.
Althea Group Holdings Ltd (ASX:AGH) is a global leader in the manufacturing, sales, and distribution of cannabis-based medicines and recreational cannabis products. The company operates through two distinct business units: Peak Processing Solutions, which focuses on recreational cannabis products for adult consumers, and Althea, which provides cannabis-based medical products.
YTD Price Performance: 13.33%
Average Trading Volume: 709,248
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$13.78M
Find detailed analytics on AGH stock on TipRanks’ Stock Analysis page.
