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An announcement from 3D Oil Limited ( (AU:TDO) ) is now available.
3D Energi Limited has requested and received a voluntary suspension of trading in its ordinary shares on the ASX under Listing Rule 17.2, effective immediately, while it prepares a further announcement. The company indicated that the suspension is needed as it continues to assess its funding position and the impact of a payment default on the level of its ongoing interest in the VIC/P79 exploration permit, with the suspension expected to remain in place until either 6 February 2026 or the release of a clarifying market update, signaling uncertainty around its project participation and near-term financial footing.
The most recent analyst rating on (AU:TDO) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on 3D Oil Limited stock, see the AU:TDO Stock Forecast page.
More about 3D Oil Limited
3D Energi Limited is an Australia-based energy exploration company listed on the ASX, with a focus on offshore petroleum exploration, including the VIC/P79 exploration permit in the Gippsland Basin. The company seeks to develop and maintain interests in exploration permits while managing associated funding and operational commitments in the upstream energy sector.
Average Trading Volume: 3,047,189
Technical Sentiment Signal: Sell
Current Market Cap: A$41.94M
For an in-depth examination of TDO stock, go to TipRanks’ Overview page.