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Australian Pacific Coal Wins Court Ruling to Set Aside Debt Demand

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Australian Pacific Coal Wins Court Ruling to Set Aside Debt Demand

Meet Your ETF AI Analyst

Australian Pacific Coal ( (AU:AQC) ) just unveiled an announcement.

Australian Pacific Coal Limited announced that its application to the Supreme Court of Queensland to set aside a Statutory Demand for payment of an alleged debt from M Resources Trading Pty Ltd was successful. This judgement is a positive development for the company, potentially alleviating financial pressures and positively impacting its operational stability and stakeholder confidence.

More about Australian Pacific Coal

Australian Pacific Coal Limited is a company operating in the coal industry, focusing on the exploration, development, and production of coal resources in Australia.

Average Trading Volume: 2,393,325

Technical Sentiment Signal: Sell

Current Market Cap: A$4.55M

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

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