Business
Here’s why the Douugh (ASX:DOU) share price remains suspended
The Douugh Ltd (ASX: DOU) share price has been suspended for a couple of weeks and investors were finally told why today.
In a separate announcement, Douugh confirmed reports that it has signed an agreement to acquire investing app Goodments for $1.5 million in shares.
What did Douugh announce?
Douugh’s shares have been out of action since 21 December. This was initially due to a trading halt that was requested while it prepared an announcement relating to the Goodments acquisition.
However, on 23 December, an extension was requested while it prepared a response to a query from the ASX. Despite requesting further extensions, no details were provided on what the ASX was querying. Until now.
This afternoon Douugh revealed that the…
-
General20 hours agoDid my Coalition policy launch dream come true, and other thoughts
-
General19 hours agoDozens dead in Ukraine’s Sumy after Russian strike, acting mayor says
-
General23 hours agoOut-of-control bushfire in central Victoria within 100m of private property
-
Noosa News7 hours agoWoman dies, 10 rushed to hospital after Bald Hills collision