Booktopia Group Ltd. (AU:BKG) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Booktopia Group Ltd. has requested the ASX to extend the voluntary suspension of its securities as it continues to face liquidity challenges and is actively seeking additional funding. The company is engaged in discussions with potential investors and partners, conducting due diligence, with the expectation to provide an update by the end of the following week. Booktopia believes that the continued suspension is crucial for its efforts in securing the necessary support for its financial stability.
For further insights into AU:BKG stock, check out TipRanks’ Stock Analysis page.