Rectifier Technologies Ltd (AU:RFT) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
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.