ASX asks Seven West Media to explain climbing share price

June 3, 2020 3:51

The Australian Securities Exchange (ASX) has written to Seven West Media seeking an explanation for the company’s climbing share price and increase in trading activity.

The ASX noted Seven’s shares were at a low of 8.6 cents on Monday, but had since climbed to an intraday high of 13.5 cents.

The ASX asked if there was any information which had not been announced to the market and could be informing this trading.

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Vivienne Kelly

Vivienne Kelly was previously the editor of Mumbrella from 2016 to August 2020.

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2 COMMENTS

There ya go. 3 Jun 20

According to the ASX, it happened to SCA last week also, the company responded on the 28/05

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Barry Burston 3 Jun 20

Early reviews for Big Brother are glowing?

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ASX asks Seven West Media to explain climbing share price

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