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Ten Sixty Four Limited ( (AU:X64) ) just unveiled an announcement.
Ten Sixty Four Limited announced that despite efforts to comply with ASX requirements, legacy issues related to the Co-O Project have prevented the company’s reinstatement on the ASX. Consequently, the company will be delisted on March 3, 2025, after a two-year suspension. However, Ten Sixty Four remains committed to its operations, maintaining a strong financial position with significant assets and cash reserves. The company plans to continue its projects and address historical issues to seek future readmission to the ASX, while also reducing overhead costs and considering capital management strategies.
More about Ten Sixty Four Limited
Ten Sixty Four Limited operates in the mining industry, focusing on projects in the Philippines and Australia. Its primary operations include the Co-O Project and exploration activities at the Drummond Basin Project.
YTD Price Performance: -80.0%
Average Trading Volume: 3,000
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $81M
See more data about X64 stock on TipRanks’ Stock Analysis page.