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My Rewards International Limited ( (AU:KLV) ) has shared an announcement.
Klevo Rewards Limited has responded to an ASX price and volume query after its shares rose from $0.019 on 15 April to an intraday high of $0.033 on 21 April, accompanied by a sharp increase in trading volumes. The company stated it is not aware of any undisclosed information that could explain the recent trading activity and has no alternative explanation for the movement.
KLV confirmed it is in full compliance with ASX Listing Rules, including its continuous disclosure obligations under Listing Rule 3.1. The board has authorised the company’s response, signalling to investors that there are no known undisclosed developments driving the stock’s recent volatility and that governance processes over market disclosure remain in place.
More about My Rewards International Limited
Klevo Rewards Limited, formerly known as My Rewards International Limited, operates in the rewards and loyalty industry, providing rewards programs and related services to consumers and corporate clients. The company is listed on the ASX under the code KLV and targets the Australian market from its base in Docklands, Victoria.
Average Trading Volume: 2,267,707
Technical Sentiment Signal: Strong Sell
For an in-depth examination of KLV stock, go to TipRanks’ Overview page.