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MEC Resources Ltd ( (AU:MMR) ) has issued an announcement.
MEC Resources Ltd, a company listed on the ASX, addressed a query from ASX Compliance Pty Ltd regarding unusual price and volume movements in its securities. MEC confirmed that it is not aware of any undisclosed information that could explain the trading activity. The company referenced a Federal Court hearing involving its investee company, Advent Energy Ltd, which may have influenced market behavior. The hearing, initially scheduled in Perth, was adjourned to be conducted in New South Wales, with further details to be released once available.
More about MEC Resources Ltd
Current Market Cap: A$13.1M
Find detailed analytics on MMR stock on TipRanks’ Stock Analysis page.