Australian online seller Booktopia enters share trading halt a fortnight after major job cuts
Bookseller tells ASX it will announce outcomes from strategic review, including ‘progress in seeking additional funding’Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s largest online bookseller has entered into a voluntary share trading suspension, just two weeks after axing 50 jobs and losing its chief executive.Booktopia Group Ltd notified the Australian Securities Exchange (ASX) on Monday, saying its securities would be suspended from quotation immediately pending an announcement on “further outcomes” from a strategic review, “including its progress in seeking additional funding”.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
Bookseller tells ASX it will announce outcomes from strategic review, including ‘progress in seeking additional funding’
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Australia’s largest online bookseller has entered into a voluntary share trading suspension, just two weeks after axing 50 jobs and losing its chief executive.
Booktopia Group Ltd notified the Australian Securities Exchange (ASX) on Monday, saying its securities would be suspended from quotation immediately pending an announcement on “further outcomes” from a strategic review, “including its progress in seeking additional funding”.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
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