Netlinkz Limited (ASX: $NET) has been suspended from quotation immediately by ASX in accordance with Listing Rule 17.3. ASX has determined that NET's financial condition is not adequate to warrant the continued quotation of its securities, leading to a breach of Listing Rule 12.2. The suspension will persist until NET can demonstrate compliance with Listing Rule 12.2.
The securities of Netlinkz Limited ('NET') have been suspended from quotation by ASX due to the company's inadequate financial condition, which is in breach of Listing Rule 12.2. The suspension will continue until NET is able to demonstrate compliance with Listing Rule 12.2.
Netlinkz Limited (ASX: $NET) has been suspended from quotation by ASX due to its inadequate financial condition, leading to a breach of Listing Rule 12.2. The company will need to demonstrate compliance with Listing Rule 12.2 to lift the suspension. The outlook depends on NET's ability to rectify its financial condition and meet the compliance requirements set by ASX.