tiprankstipranks
Trending News
More News >

Merchant House International Faces Trading Suspension Amid Leadership Transition

Story Highlights
Merchant House International Faces Trading Suspension Amid Leadership Transition

Confident Investing Starts Here:

The latest update is out from Merchant House International Limited ( (AU:MHI) ).

Merchant House International Limited, an entity listed on the Australian Securities Exchange, announced a suspension of trading in its shares due to the resignation of its sole Australian director, Ian Burton, with no immediate replacement. The suspension, requested by the company, is anticipated to last until 28 February 2025, pending the appointment of a new Australian director, highlighting a temporary leadership gap within the company.

More about Merchant House International Limited

YTD Price Performance: 0.0%

Average Trading Volume: 110,641

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$14.14M

Learn more about MHI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1