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CAQ Holdings Faces Suspension from ASX Due to Financial Reporting Issues

Story Highlights
  • CAQ Holdings Limited was suspended from ASX for not lodging its half-year report on time.
  • ASX found CAQ’s financial condition inadequate, leading to continued suspension until compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CAQ Holdings Faces Suspension from ASX Due to Financial Reporting Issues

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CAQ Holdings Limited ( (AU:CAQ) ) has issued an update.

CAQ Holdings Limited, listed on the Australian Securities Exchange, has faced a suspension from quotation due to its failure to lodge its half-year report by the required deadline. The ASX has determined that CAQ’s financial condition is inadequate for continued quotation, citing issues in the company’s half-year financial statements and an auditor’s disclaimer of opinion. The suspension will remain until CAQ complies with the ASX Listing Rules, particularly regarding its financial condition.

More about CAQ Holdings Limited

Technical Sentiment Signal: Sell

Current Market Cap: A$6.46M

For detailed information about CAQ stock, go to TipRanks’ Stock Analysis page.

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