Creso Pharma has been forced to defend its financial position after the Australian Securities Exchange (ASX) cast doubt over its ability to remain a listed company.

Highlighting remarks in recent financial documents – including an independent auditor’s report suggesting “material uncertainty” over its future – the ASX asked Creso whether its financial condition “warranted continued quotation and continued listing”.

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Steve has reported for a number of consumer and B2B titles over a journalism career spanning more than three decades. He is a regulator contributor to health journal, The Medical Republic, writing on...

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