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Sprintex defends disclosure of €15.6m Mest Water order in ASX query response

Story Highlights
  • Sprintex received a €15.6m Mest Water order and deemed it price-sensitive information.
  • The company asserts it met ASX disclosure rules, detailing its timeline and prior Mest Water updates.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sprintex defends disclosure of €15.6m Mest Water order in ASX query response

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Sprintex Limited ( (AU:SIX) ) has issued an update.

Sprintex Limited has formally responded to an ASX query, confirming that a €15.6 million purchase order from long-term partner Mest Water is considered price-sensitive information and was handled in accordance with continuous disclosure obligations. The company detailed a timeline showing that the order was received outside market hours on 23 December 2025, prompting an immediate trading halt request before the next market open and a subsequent announcement on 29 December, and cited six prior market updates on the evolving Mest Water relationship as evidence of ongoing disclosure, while affirming full compliance with ASX Listing Rule 3.1 and board sign-off on its responses.

The most recent analyst rating on (AU:SIX) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Sprintex Limited stock, see the AU:SIX Stock Forecast page.

More about Sprintex Limited

Sprintex Limited is an ASX-listed company that develops and supplies engineering products, including advanced compressor and related technologies, with a focus on international industrial and environmental applications. The company has been building a commercial relationship with Dutch firm MW Techniek BV (trading as Mest Water) through phased evaluation, prototype work and planned orders over 2024–2025.

Average Trading Volume: 686,050

Technical Sentiment Signal: Buy

Current Market Cap: A$56.04M

For detailed information about SIX stock, go to TipRanks’ Stock Analysis page.

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