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Vitura Health Addresses ASX Compliance Query on Trading Incident

Story Highlights
  • Vitura Health addressed a compliance query about a trading incident involving its Director.
  • The board decided against disciplinary action, noting the market was fully informed.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Cronos Australia Ltd. ( (AU:VIT) ) just unveiled an update.

Vitura Health Limited, listed on the ASX, has addressed a compliance query from the ASX regarding a trading incident involving its Director, Mr. Robert Iervasi. The company clarified that the trading was technically compliant with its Trading Policy, although an administrative oversight led to the clearance being granted a day earlier than prescribed. The board has decided not to take any disciplinary action, citing that the market was fully informed and the trade was executed at a premium. The company has reiterated its commitment to compliance and has reminded staff of their obligations under the Trading Policy.

More about Cronos Australia Ltd.

YTD Price Performance: -18.75%

Average Trading Volume: 549,162

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$43.05M

For a thorough assessment of VIT stock, go to TipRanks’ Stock Analysis page.

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