Regional Australian airline Rex suspends trading on the Australian stock market pending an upcoming 'material announcement'.
Regional Australian airline Rex has suspended trading on the Australian stock market pending an upcoming announcement.
"In the meantime it isn't appropriate for us to make any further comments until such announcement is made," the spokesperson said.eral government would help keep Rex in the air, Prime Minister Anthony Albanese said it was "an important airline" and he was "very hopeful that they'll see their way through".
The prime minister said the airline had come through COVID and received substantial government support, "and we will remain vigilant when it comes to this airline and continue to work with them". In a rivalry for the ages, O'Callaghan and Titmus reminded Australia that there is so much more to comeAustralians warned not to travel to Lebanon as tensions between Israel and Hezbollah riseBritish sea lord assures Australian officials troubled warship program 'stabilising'
Asx Regional Express Rex Trading Halt
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
REX ASX: Rex faces boardroom coup as Singaporean investors push to oust chairman John SharpThe largest shareholder of the regional carrier has called for a shareholder vote just a month after he stepped down as the airline’s executive chairman.
Read more »
ASX 200 LIVE: ASX to slip; iron ore rebounds, Australian dollar highest since Jan 2Shares lose 0.1pc. $A gains as traders eye RBA. UK’s FTSE rallies on Labour govt. Wall St closed. US jobs data, French elections ahead. Follow here.
Read more »
‘Grim situation’: Grave fears for Rex Airlines after ASX trading haltRex Airlines is in crisis mode after suspending trading on the ASX 200 amid rampant speculation of an imminent restructuring or possible administration.
Read more »
CBA ASX: Why it’s time for ETF investors to stop tracking the S&P/ASX 200Fundamentals still count. Shares can rise and fall quickly on a piece of news, and it’s not passive funds that are driving that price action.
Read more »
ASX 200 LIVE: ASX to drop, megacap tech earnings in focusShares are poised to drop 0.8 per cent at the start of trade; Biden exit leaves markets asking what’s next for ‘Trump trade’; Alphabet and Tesla report this week. Follow here more.
Read more »
ASX 200 LIVE: ASX to edge up; Tesla misses, Alphabet beatsAustralian shares appear set for a modest opening advance. Tesla shares lower after hours. Alphabet gets Cloud boost. Oil, iron ore slide. Follow updates here.
Read more »