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WA Kaolin Securities Suspended from ASX for Late Periodic Report

Story Highlights
  • WA Kaolin’s securities have been suspended from ASX trading for missing a periodic report deadline.
  • Trading is expected to resume once WA Kaolin lodges the overdue report, temporarily impacting investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
WA Kaolin Securities Suspended from ASX for Late Periodic Report

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WA Kaolin Ltd. ( (AU:WAK) ) just unveiled an update.

WA Kaolin Ltd has had its securities suspended from quotation on the ASX, alongside two other companies, after failing to lodge a required periodic report by the specified deadline. The suspension will remain in place until the company submits the overdue report, at which point trading in its securities is expected to resume on the next trading day, highlighting ongoing regulatory scrutiny around timely financial disclosure for listed entities and signalling a temporary disruption for investors in WA Kaolin.

The most recent analyst rating on (AU:WAK) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on WA Kaolin Ltd. stock, see the AU:WAK Stock Forecast page.

More about WA Kaolin Ltd.

Average Trading Volume: 326,468

Technical Sentiment Signal: Sell

Current Market Cap: A$17.45M

See more data about WAK stock on TipRanks’ Stock Analysis page.

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