Mindax Limited Addresses ASX Price Query Amid Recent Trading Activity
Mindax Limited (AU:MDX) has addressed an ASX price query related to its recent trading activity. The company has subscribed for a 5% interest in an unlisted public company with iron ore interests near its Mt Forrest Iron Project. Although Mindax does not consider this information market-sensitive, it has requested a trading halt for transparency and is preparing a formal announcement. The company confirms compliance with ASX Listing Rules, and its responses have been authorized by the board. Mindax operates in the mining industry, focusing on iron ore projects, with a current market cap of A$146.8M.
An announcement from Mindax Limited ( (AU:MDX) ) is now available.
Mindax Limited has responded to an ASX price query regarding recent trading activity in its securities. The company disclosed that it has subscribed for a 5% interest in an unlisted public company with iron ore interests near its Mt Forrest Iron Project. While Mindax does not believe this information is market-sensitive, it has requested a trading halt to ensure transparency and is preparing an announcement about the subscription. The company confirms compliance with ASX Listing Rules and that its responses have been authorized by its board.
More about Mindax Limited
Mindax Limited operates in the mining industry, focusing on iron ore projects. The company is involved in the exploration and development of mineral resources, with a particular emphasis on its Mt Forrest Iron Project.
YTD Price Performance: 60.0%
Average Trading Volume: 418,046
Technical Sentiment Signal: Sell
Current Market Cap: A$146.8M
For detailed information about MDX stock, go to TipRanks’ Stock Analysis page.
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