Rectifier Technologies Ltd (AU:RFT) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Rectifier Technologies Ltd has reported a late lodgement of an Appendix 3Y, related to the acquisition of shares by newly appointed director Zong Wong, attributing the delay to administrative oversight. The company has since reviewed its processes to ensure compliance with disclosure obligations and maintains that this was an isolated incident without substantive breach of ASX Listing Rules. The incident involved multiple transactions for on-market trades within a set price limit.
For further insights into AU:RFT stock, check out TipRanks’ Stock Analysis page.