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ROOTS SUSTAINABLE AGRICULTURAL TECHNOLOGIES LTD(ROO)

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ASX, Legal & CGT Status

Former (or subsequent) names

 

Shareholder links

Our website ranking of ROO: rating 3
(3 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Level 5, 191 ST GEORGES TERRACE PERTH WA 6000

Tel : +61 (2) 8072 1400 or 1300 288 664 (within Australia)
Fax :
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000ROO9
Address: Suite 2, Level 1/1 Altona Street West Perth WA 6005
Tel:  +61 8 6381 0035 Fax: 

Date first listed: 07/12/2017
Company Secretary: 
Sector: Capital Goods Industry Group: 
Activities: Agricultural technology company focused on developing, producing and commercialising precision agriculture technologies The Company's key business is the sale of root zone heating and cooling systems to greenhouse farmers and the development and commercialisation of irrigation systems with combined fertilisation and heating/cooling roots zone management

News & Events

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Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

30/08/2024

delisted for non-payment of annual listing fee under Listing Rule 17.15

29/08/2024

we understand the company failed to pay to ASX Limited the annual listing fees for the year ending 30 June 2025

29/08/2024

Under Listing Rule 17.6, an entity (if not already suspended) that had not paid its annual listing fees by close of business on Wednesday, 21 August 2024 would have its securities suspended from Official Quotation before the commencement of trading on Thursday, 22 August 2024. The Company has failed to pay to ASX the annual listing fees for the year ending 30 June 2025, and each entity's securities are already suspended from quotation.

22/08/2024

The securities of the company have been suspended for more than three months. If an entity does not meet the 1 or 2 year deadlines, it will be removed from the official list. The removal will usually take effect from the open of trading on the first trading day after the deadline date.

10/07/2024

Shareholders in this company should consider crystallising a capital loss in 2024/25 by selling their shares. This process is now much easier and quicker. It can be achieved online by entering transaction details here. While, this usually makes good economic sense we recommend you seek professional advice before buying or selling securities, your accountant is probably the best person.

10/07/2024

The Company has received a 60 day stay-of-proceedings order in Israel to shield the Company from debtors while the Company attempts to restructure its financial obligations and operations.

20/05/2024

The securities of Roots Sustainable Agriculture Technologies Ltd were suspended at ROO's request on 24 November 2023 pending the release of an announcement regarding a capital raising. ROO's securities will now continue to be suspended from quotation under Listing Rule 17.3. ROO's securities will continue to remain suspended until such time that ASX is satisfied with ROO's compliance with the Listing Rules, including Listing Rule 12.2 and that it is otherwise appropriate for ROO's securities to be reinstated to quotation.

17/05/2024

The company lodges its Quarterly Activities Report and Appendix 4C.

30/01/2024

The voluntary suspension is requested to allow the Company to complete the capital raising that gave rise to the trading halt and it is therefore not yet in a position to make an announcement regarding the capital raising. The Company requests that the voluntary suspension continues until the earlier of commencement of trade on Thursday, 14 December 2023 or until the release of the Announcement.

08/12/2023

The voluntary suspension is requested to allow the Company to complete the capital raising that gave rise to the trading halt and it is therefore not yet in a position to make an announcement regarding the capital raising. The Company requests that the voluntary suspension continues until the earlier of commencement of trade on Friday, 8 December 2023 or until the release of the Announcement.

01/12/2023

The voluntary suspension is requested to allow the Company to complete the capital raising that gave rise to the trading halt and it is therefore not yet in a position to make an announcement regarding the capital raising. The Company requests that the voluntary suspension continues until the earlier of commencement of trade on Friday, 1 December 2023 or until the release of the Announcement.

28/11/2023

The securities of Roots Sustainable Agricultural Technologies Ltd will be suspended from quotation immediately under Listing Rule 17.2, at the request of ROO, pending the release of an announcement regarding a capital raising.

24/11/2023

The suspension of trading in the securities of Roots Sustainable Agricultural Technologies Ltd will be lifted immediately following the release by ROO of an announcement regarding a capital raising.

14/04/2023

The company releases a notice of proposed issue of securities.

14/04/2023

The Company has received firm commitments to raise A$650,000 (before expenses), by way of a placement of 78,597,340 CDIs to sophisticated and professional investors. The Company received shareholder approval for a placement of CDIs to raise up to A$1,800,000 at a General Meeting held on 20 March 2023 and will use this approval to issue the Placement CDIs. Given the market conditions and the amount of debt converted to equity, the Company was comfortable with the A$650,000 raise and approximately A$620k of debt to equity conversions.

14/04/2023

The Company requests the voluntary suspension remain in place until the Company makes an announcement regarding a capital raise, which it expects to make by Friday, 14th April 2023.

13/04/2023

The Company requests the voluntary suspension remain in place until the Company makes an announcement regarding a capital raising, which it expects to make by Thursday, 13th April 2023.

12/04/2023

The securities of Roots Sustainable Agricultural Technologies Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ROO, pending the release of an announcement regarding a capital raising.

06/04/2023

The following Options of Roots Sustainable Agricultural Technology Ltd will be suspended from quotation immediately under Listing Rule 17.3, pending its satisfaction of the quotation condition: ROOO.

23/01/2023

The suspension of trading in the securities of Roots Sustainable Agricultural Technologies Ltd will be lifted immediately , following the release by ROO of an announcement regarding an US plant and hemp-based food venture.

26/05/2021

Following discussions with, and extensive submissions to, ASX since 13th May 2021, ASX has now determined that it considers that the Potential Transaction would constitute a change in the nature of the Company's activities and the Company would be required under ASX Listing Rule 11.1.3 to recomply with the requirements of Chapters 1 and 2 of the Listing Rules before it may complete the Potential Transaction. Such compliance is expected to cause further transactional delays and significant costs, which will prevent the Company from being able to complete its other current business endeavours. The Company has, therefore, decided not to proceed with Potential Transaction.

26/05/2021

The securities of Roots Sustainable Agricultural Technologies Ltd will be suspended from the commencement of trading on Monday, 17 May 2021 under Listing Rule 17.2, at the request of ROO, pending the release of an announcement regarding an US plant and hemp-based food venture

17/05/2021

The suspension of trading in the securities of Roots Sustainable Agricultural Technologies Ltd will be lifted immediately following the release by ROO of an announcement regarding a funding agreement.

08/02/2019

The company has received a financing commitment by way of execution of a convertible securities agreement with CST Capital as trustee for The CST Investment Fund ), of up to AU$1.62 million (before costs) via the issue of convertible notes by the company.

08/02/2019

The securities of Roots Sustainable Agricultural Technologies Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of ROO, pending the release of an announcement regarding a funding agreement.

08/02/2019

listed entity carried for record purposes only

07/12/2017

ASX Announcements (courtesy of ASX)

 

 

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    Click here for free access to this company's:
    ASX, Legal & CGT Status

    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    25/06/2018Sharon Devir7,700$0.260
    CDI
    $2,002.00
    12/06/2018Sharon Devir5,300$0.375
    CDI
    $1,988.00
    04/06/2018Sharon Devir5,300$0.370$1,961.00
    28/05/2018Sharon Devir5,000$0.390
    CDI
    $1,950.00
    22/05/2018Sharon Devir4,700$0.425
    CDI
    $1,998.00

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Boaz WachtelCEO13/01/2020
    Graeme SmithNon Exec Director07/12/2017
    Sharon DevirExecutive Director07/12/2017
    Henry KinstlingerCompany Secretary20/05/2024

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.