The "ASX 2 quarters of cash needed rule" refers to a requirement on the Australian Securities Exchange (ASX) where listed companies must disclose if they have less than two quarters of available cash to fund their operations, and if so, must provide additional information explaining how they plan to continue operating and address potential funding issues; this is primarily enforced through the Appendix 4C reporting form.
IMU Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
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