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Centrex Limited Cancels Securities Issuance Amid Financial Distress

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Centrex Limited Cancels Securities Issuance Amid Financial Distress

Centrex Limited ( (AU:CXM) ) has shared an announcement.

Centrex Limited has announced the cancellation of a previous securities issuance announcement due to the appointment of voluntary administrators to the company. This development suggests significant financial distress within Centrex Limited, potentially impacting its operations and market positioning, as well as raising concerns for stakeholders regarding the company’s future stability.

More about Centrex Limited

YTD Price Performance: 40.0%

Average Trading Volume: 1,843,643

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$14.75M

Learn more about CXM stock on TipRanks’ Stock Analysis page.

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