The ASX acted because OLI was deemed to be in breach of Rule 12.2, set out below.
Tells you all you really need to know about whether they think that the business will survive.
Financial condition
12.2 An entity's financial condition (including operating results) must, in ASX's opinion, be adequate to warrant the continued +quotation of its +securities and its continued listing.
Introduced 01/07/96 Origin: Listing Rule 3J(13)
Note: Composition of the balance sheet, relative size of liabilities to assets and access to funds are some of the indicators of an entity's financial condition
The ASX acted because OLI was deemed to be in breach of Rule...
-
- There are more pages in this discussion • 55 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OLI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.288M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 380186 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6 | 1 |
View Market Depth
| Last trade - 16.12pm 23/07/2024 (20 minute delay) ? |
| OLI (ASX) Chart |
Day chart unavailable