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Centrex Limited Faces Suspension Due to Financial Instability

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Centrex Limited Faces Suspension Due to Financial Instability

The latest announcement is out from Centrex Limited ( (AU:CXM) ).

Centrex Limited, listed on the ASX under the ticker CXM, has had its securities suspended from trading due to financial instability. The suspension, which began in December 2024, was extended multiple times as the company engaged in negotiations with its logistics provider and lender, and attempted a capital raising. On March 4, 2025, the ASX determined that Centrex’s financial condition did not meet the requirements for continued quotation, leading to an immediate suspension of its securities. The suspension will remain until the company complies with ASX Listing Rules, including demonstrating adequate financial health.

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

Find detailed analytics on CXM stock on TipRanks’ Stock Analysis page.

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