Firstwave Cloud Technology Limited (ASX:FCT) – Trading Suspension
Trading Suspension
Firstwave Cloud Technology Limited (ASX:FCT) has been suspended from quotation due to market integrity concerns. The suspension is effective immediately under Listing Rule 17.3.2. This measure aims to prevent a disorderly or uninformed market as FCT prepares to release a market-sensitive announcement.
The suspension follows ASX’s decision to pause trading in FCT’s securities at 10:00 AM AEDT on 8 January 2025. The pause was implemented under ASX Operating Rule 3100 to maintain fairness, order, and transparency within the market.
FCT has informed the ASX that the anticipated announcement will not be made. The securities will remain suspended until FCT provides a statement clarifying the situation and confirming that trading can resume.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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