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An update from Centrex Limited ( (AU:CXM) ) is now available.
Centrex Limited, currently under voluntary suspension from the ASX, has requested an extension of this suspension. The company initiated the suspension in anticipation of negotiations with its logistics provider, lender, and a capital raising effort that is crucial for its financial stability. The extension is requested to prevent potentially prejudicial trading activity before the capital raising is completed. The closing date for the Entitlement Offer has now been extended to March 4, 2025, with securities set to be issued on March 11, 2025, and the company anticipates concluding the capital raising by March 12, 2025.
More about Centrex Limited
YTD Price Performance: 40.0%
Average Trading Volume: 1,449,270
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.75M
See more insights into CXM stock on TipRanks’ Stock Analysis page.