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SurfStitch is accused of misleading and deceptive conduct and breaching its continuous disclosure obligations The company's shares fell 9% yesterday to close at $0.068, well down on the record ...
SurfStitch listed at $1 in late 2014 and was trading at a record high of $2.09 in November 2015. It shares had fallen 90 per cent to 22¢ by June 2016 following three profit warnings.
SURFWEAR company SurfStitch collected its second rap on the wrist from the stock exchange in two months after suspicious trading activity ahead of its third profit downgrade this year.
Struggling surfwear retailer SurfStitch has taken the highly unusual step of calling for a suspension in the trading of its shares until the end of August, placing a three-month freeze on any ...
TROUBLED surfwear brand SurfStitch has managed to stem its half-year losses by $8.3 million and claims it has made progress in “stabilising and refocusing” the business.
SurfStitch this morning had plummeted 52 cents, or 50.24 per cent, to a new record low of 51.5c on its shock profit warning as trading conditions across its key markets deteriorated.
SurfStitch shares were suspended in May 2017 while trading at 6.8 cents, down from a peak of $2.13. The business entered voluntary administration in August that year, ...
Since SurfStitch's $83 million initial public offer in December 2014, the company has been paying Streamline Retail, a company 40 per cent owned by Mr Cameron and 40 per cent owned by co-founder ...
SURFSTITCH has fobbed off suggestions it is in a “perilous” financial position but has said it was being investigated by the corporate watchdog.
SurfStitch shares have dropped to as low as $1.07 from $1.73 – just more than their December 2014 issue price of $1 – and are trading now about $1.19, well below the $2 a share investors paid ...
ONLINE sports apparel retailer Surfstitch is facing a possible $100 million class action by shareholders.
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