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An announcement from Contango Asset Management Ltd. ( (AU:APL) ) is now available.
Associate Global Partners Limited, operating under the ASX ticker APL, has announced that the Australian Securities Exchange (ASX) has lifted the requirement for the company to submit quarterly cash flow and activities reports. This decision comes after APL achieved four consecutive quarters of positive net operating cash flows, indicating a stable financial performance. The company’s positive cash flow trend, with notable figures in the last three quarters of FY25 and the first quarter of FY26, reflects its strong operational efficiency and financial health, potentially enhancing its market credibility and investor confidence.
The most recent analyst rating on (AU:APL) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Contango Asset Management Ltd. stock, see the AU:APL Stock Forecast page.
More about Contango Asset Management Ltd.
Average Trading Volume: 40,270
Technical Sentiment Signal: Hold
Current Market Cap: A$8.9M
For detailed information about APL stock, go to TipRanks’ Stock Analysis page.