Orion Equities Seeks Shareholder Approval To Leave ASX
Closing price · 2026-10-26: $0.130 · -25.71%
Orion Equities plans to ask shareholders to approve its voluntary ASX delisting at the upcoming AGM, citing low trading liquidity, concentrated ownership and listing costs; it estimates the move could save approximately $41,000 annually. The company says trading turnover was 2% of shares on issue in the year to September, compared with 5% to 9% annually over the preceding four years. The AGM is scheduled for 27 November.