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11 March 2025
Name: | CHEMX MATERIALS LIMITED (CMX) |
ISIN: | AU0000190290 |
Date of Listing: | 18 January 2022 |
Stock Exchange Status: (updated daily)
This entity is currently suspended from quotation on the Australian Securities Exchange and its securities cannot be traded on-market.Legal Status: (updated monthly)
This entity was placed in administration on 02 January 2025. It may currently be in administration or it may be subject to a deed of company arrangement.Capital Gains Tax (CGT) Status: (updated at least quarterly)
The securities in this entity, in our opinion, are of little or no value. We have made that assessment by reference to the circumstances leading to a suspension and/or delisting, the length of a suspension, share trading history and last on-market share price, most recent financial and cash flow statements, prospects (including likelihood of re-financing), and other factors including in particular whether the entity is in external administration. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
Computershare Melbourne
Yarra Falls, 452 Johnston Street, Abbotsford VIC 3067
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 3 9473 2500
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Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 03/01/2025 |
The company releases its administrator's notice that states that listed securities suspended and shareholders unable to transfer shares. Administrators are assessing financial position and seeking urgent expressions of interest. | 02/01/2025 |
The company's securities were suspended on 19 December 2024 due to a breach of Listing Rule 12.2, stating that the company's financial condition is insufficient for continued quotation. The suspension will continue until ASX determines compliance with Listing Rules, including Rule 12.2, and if securities can be reinstated to quotation. | 02/01/2025 |
Mr Clifford Rocke and Mr Jimmy Trpcevski from WA Insolvency Solutions has been appointed as Joint and Several Voluntary Administrators of the Company and subsidiary HiPurA Pty Ltd on 2 January 2025. | 02/01/2025 |
The company requests an extension to its voluntary suspension of securities, as it is unable to make an announcement regarding its Funding Update and Management Restructure. The suspension should remain in place until trading commences on 3rd January 2025 or the announcement is released. | 30/12/2024 |
The company requests an extension of its voluntary suspension, citing inability to make an announcement regarding the Funding Update and Management Restructure. The suspension is necessary to prevent uniform trading. | 23/12/2024 |
The securities of ChemX Materials Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CMX, pending the release of an announcement in relation to an update on funding and management restructure. | 19/12/2024 |
listed entity carried for record purposes only | 18/01/2022 |
Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person. | 03/01/2025 |
The company releases its administrator's notice that states that listed securities suspended and shareholders unable to transfer shares. Administrators are assessing financial position and seeking urgent expressions of interest. | 02/01/2025 |
The company's securities were suspended on 19 December 2024 due to a breach of Listing Rule 12.2, stating that the company's financial condition is insufficient for continued quotation. The suspension will continue until ASX determines compliance with Listing Rules, including Rule 12.2, and if securities can be reinstated to quotation. | 02/01/2025 |
Mr Clifford Rocke and Mr Jimmy Trpcevski from WA Insolvency Solutions has been appointed as Joint and Several Voluntary Administrators of the Company and subsidiary HiPurA Pty Ltd on 2 January 2025. | 02/01/2025 |
The company requests an extension to its voluntary suspension of securities, as it is unable to make an announcement regarding its Funding Update and Management Restructure. The suspension should remain in place until trading commences on 3rd January 2025 or the announcement is released. | 30/12/2024 |
The company requests an extension of its voluntary suspension, citing inability to make an announcement regarding the Funding Update and Management Restructure. The suspension is necessary to prevent uniform trading. | 23/12/2024 |
The securities of ChemX Materials Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of CMX, pending the release of an announcement in relation to an update on funding and management restructure. | 19/12/2024 |
listed entity carried for record purposes only | 18/01/2022 |
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DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
---|---|---|---|---|
22/12/2023 | Warrick Hazeldine | 150,000 | $0.066 | $9,885 |
22/12/2023 | Alwyn Vorster | 290,476 | $0.066 | $19,091 |
18/03/2022 | Warrick Hazeldine | 50,000 | $0.209 | $10,441 |
NAME | TITLE | DATE OF APPT |
---|---|---|
Warrick Hazeldine | Chairman | 18/01/2022 |
Stephen Strubel | Non Exec Director, Company Secretary | 18/01/2022 |
Date of first appointment, title may have changed.
NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
---|---|---|---|
Alwyn Vorster | Non Exec Director | 19/10/2022 | 31/12/2024 |
Peter Lee | CEO | 20/05/2022 | 16/12/2024 |
Tara Berrie | Non Exec Director | 10/02/2023 | 26/10/2023 |
Mark Tory | CEO | 13/02/2023 | 04/08/2023 |
Kristie Young | Non Exec Chairman | 18/01/2022 | 06/02/2023 |
David Leavy | Managing Director | 18/01/2022 | 27/10/2022 |
Date of first appointment, title may have changed.
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