Not sure if this is of interest, I thought it was interesting:...

  1. 60 Posts.
    Not sure if this is of interest, I thought it was interesting:
    http://www.**promotion blocked**.com.au/category/legal/

    It states (an excerpt, go to the link to read in full):
    Coinciding with an 81.3% spike in its share price to 2.9c, the ASX has moved to suspend QRxPharma from official quotation.
    The reason: QRX needs to appoint at least one more director to comply with s201A(2) of the Corporations Act.
    At present the company has two directors – Chairman Bruce Hancox and Dr Richard Treagus.
    On the market today shares opened at 1.7c and peaked at 2.9c before closing at 2.8c.
    Turnover totalled a modest 3.68m units in 35 trades.
    The price spike aroused the interest of the ASX. In normal circumstances the ASX would send the company a letter of explanation.
    However it seems the ASX noticed for the first time that the company now has just two directors after last year’s mass resignations – hence the belated move to suspend quotation.
    What’s behind today’s market action? Much may transpire next week.

    Not my opinion/outside of my knowledge. Just thought it was interesting. D.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.