First Graphene Ltd Faces Suspension of FGRO Options on ASX

First Graphene Ltd ( (AU:FGR) ) has shared an announcement.

First Graphene Ltd announced that its options under the security class code FGRO have been suspended from quotation on the ASX due to non-compliance with listing rule 2.5 condition 6. The suspension is specific to FGRO and does not affect other securities of the company. The options will be reinstated once compliance is achieved, highlighting the company’s ongoing regulatory challenges and the potential impact on investor confidence.

More about First Graphene Ltd

First Graphene Ltd operates in the advanced materials industry, focusing on the production and supply of graphene products. The company is involved in developing innovative solutions using graphene, which is known for its strength and conductivity, to cater to various industrial applications.

YTD Price Performance: 47.62%

Average Trading Volume: 271,055

Technical Sentiment Signal: Strong Buy

Current Market Cap: $18.86M

See more data about FGR stock on TipRanks’ Stock Analysis page.