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Genetic Technologies Considers DOCA Amid Voluntary Administration
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Genetic Technologies Considers DOCA Amid Voluntary Administration

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Genetic Technologies ( (AU:GTG) ) has issued an announcement.

Genetic Technologies Limited, currently under voluntary administration, held a reconvened second meeting of creditors, where a deed of company arrangement (DOCA) was proposed. The meeting was adjourned to allow further consideration of the DOCA, with plans to reconvene before February 27, 2025. The administrators will issue a supplementary report and provide updates to the ASX, as creditors are set to decide on the company’s future, including options to execute the DOCA, end the administration, or wind up the company.

More about Genetic Technologies

Average Trading Volume: 100

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $5.96M

For detailed information about GTG stock, go to TipRanks’ Stock Analysis page.

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