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An update from Ecofibre ( (AU:EOF) ) is now available.
Ecofibre Limited, currently under administration, held a second meeting of creditors where it was resolved to execute a Deed of Company Arrangement (DOCA). The administrators have declared the shares worthless, indicating no expected returns for shareholders, and advised them to seek independent tax and legal advice.
More about Ecofibre
Average Trading Volume: 50,287
Technical Sentiment Signal: Sell
Current Market Cap: A$7.29M
For an in-depth examination of EOF stock, go to TipRanks’ Overview page.