middle.news

Why Is Multistack International Abandoning Its Core Business Now?

11:52am on Friday 17th of October, 2025 AEDT Industrial Goods
Read Story

Why Is Multistack International Abandoning Its Core Business Now?

11:52am on Friday 17th of October, 2025 AEDT
Key Points
  • No chiller sales recorded in Q3 2025, only spare parts revenue
  • Board decides to discontinue business in current form due to ongoing losses
  • Plans to dispose of shares in Multistack Australia subject to approvals
  • Cash position at $1.33 million with quarterly operating expenses of $220,605
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Multistack International (ASX:MSI)
OPEN ARTICLE