The latest update is out from Centrex Limited ( (AU:CXM) ).
Centrex Limited has appointed John Park and Joanne Dunn of FTI Consulting as voluntary administrators to oversee the company’s operations and explore restructuring options. This move, which includes the appointment of administrators for its subsidiary AgriFlex Pty Ltd, indicates a strategic effort to stabilize the company’s financial position and ensure continued operations, potentially impacting stakeholders and market positioning.
More about Centrex Limited
Centrex Limited operates in the industry of consulting services, with a focus on providing strategic and operational solutions to various sectors. The company is involved in offering expertise in restructuring and business management through its subsidiary, AgriFlex Pty Ltd.
Average Trading Volume: 1,843,643
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.75M
For a thorough assessment of CXM stock, go to TipRanks’ Stock Analysis page.