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The latest announcement is out from Centrex Limited ( (AU:CXM) ).
Centrex Limited, listed on the ASX as CXM, announced a request for an extension to its voluntary suspension from trading, initially granted in December 2024. The company cited ongoing negotiations with its logistics provider and lender, alongside a crucial capital raising effort, as reasons for the suspension. The company believes that trading during this period could hinder its capital raising efforts, which are vital for maintaining financial stability. The voluntary suspension is now requested to extend until March 5, 2025, as the company aims to complete its capital raising by then.
More about Centrex Limited
YTD Price Performance: 40.0%
Average Trading Volume: 1,347,387
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.75M
Learn more about CXM stock on TipRanks’ Stock Analysis page.
