iCar Asia's speeding ticket

Yesterday’s slump in the share price earned a query from the ASX.

iCar Asia received an ASX ‘speeding ticket’ this morning. The company’s share price has been weak in recent days, falling to a low of $0.75 at one point yesterday. As we’ve noted before – see iCar Asia downgrade and iCar Asia’s share price fall – this is still a start-up business and you should expect the stock to be much more volatile than average.

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