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Comet Ridge Limited (ASX:COI)

ALERT: Price-sensitive ASX Announcement for COI
Current share price for COI : $0.090 -0.015 (-14.29%)+
Release
21 May 2026 9:14AM
Price at Release
$0.105
Full Release
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Summary
Comet Ridge Limited (ASX: COI) announced the immediate lifting of the suspension of trading in its securities following an update on its acquisition of Santos' 42.86% interest in the Mahalo Gas Project. This reinstatement to official quotation by the ASX allows for the resumption of trading activities for Comet Ridge Limited. The announcement marks a significant step in the company's strategic acquisition plans, enhancing its stake in the Mahalo Gas Project.
Key Points
  • Reinstatement to quotation after suspension.
  • Acquisition of Santos' 42.86% interest in Mahalo Gas Project.
  • Immediate lifting of trading suspension.
  • Strategic enhancement of project stake.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.