|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||47.25 - 47.25|
|52 Week Range||41.00 - 68.38|
|Beta (5Y Monthly)||0.27|
|PE Ratio (TTM)||27.00|
|Forward Dividend & Yield||1.54 (3.27%)|
|Ex-Dividend Date||Sept 08, 2022|
|1y Target Est||N/A|
The Australian Securities Exchange (ASX) has cancelled its much-delayed blockchain replacement to its aged Clearing House Electronic Subregister System (CHESS).
The replacement has been paused following a review of the project and independent findings that led ASX to conclude there were "significant technology, governance, and delivery" challenges with the solution design of the project. The software was intended to replace ASX's Clearing House Electronic Subregister System (CHESS) "to improve functionality and efficiency, and adopt global standards". "It's clear we need to revisit the solution design as well as validate and test the feedback from the independent review to assess changes required to bring the project to market safely, efficiently and for the long-term," Chief Executive Officer Helen Lofthouse said.
It hasn't been the best quarter for ASX Limited ( ASX:ASX ) shareholders, since the share price has fallen 17% in that...