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ASX Suspends Trading in Alice Queen Shares Over Compliance Concerns

Story Highlights
  • ASX has suspended Alice Queen Limited shares after inadequate responses to regulatory queries.
  • Trading will remain halted until the exchange is satisfied the company meets key listing and disclosure rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ASX Suspends Trading in Alice Queen Shares Over Compliance Concerns

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An update from Alice Queen Ltd. ( (AU:AQX) ) is now available.

The Australian Securities Exchange has suspended trading in Alice Queen Limited shares after determining the company could not adequately respond to regulatory queries. The halt will remain in place until the exchange is satisfied that Alice Queen complies with key disclosure and governance listing rules and that its securities are suitable for relisting, signalling heightened regulatory scrutiny and uncertainty for investors.

The most recent analyst rating on (AU:AQX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Alice Queen Ltd. stock, see the AU:AQX Stock Forecast page.

More about Alice Queen Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$9.04M

See more insights into AQX stock on TipRanks’ Stock Analysis page.

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