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Peppermint Innovation Limited ( (AU:PIL) ) just unveiled an update.
Peppermint Innovation Limited (ASX: PIL) has had trading in its securities suspended by the ASX after the company failed to provide an expected update concerning a demand served on it by Obsidian Global Partners LLC within the timeframe it requested for a prior trading halt. The suspension, imposed under ASX Listing Rule 17.3, will remain in place until the exchange is satisfied that Peppermint Innovation is complying with continuous disclosure obligations and other listing requirements, delaying normal trading and potentially heightening uncertainty for shareholders while the company addresses the outstanding disclosure issues.
The most recent analyst rating on (AU:PIL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Peppermint Innovation Limited stock, see the AU:PIL Stock Forecast page.
More about Peppermint Innovation Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$10.04M
See more insights into PIL stock on TipRanks’ Stock Analysis page.