From the Australian newspaper today - page 19 "Wilson in halt over claims" by Michael Bennet
Under the ASX's listing rules, companies use halts to manage disclosure obligations when they can not "immediately announce" material information.
Seeing that this announcement when it comes out should have ALL material information in it, there should/would be no requirement for a long halt. The watch dog will determine how long for the market to absorb the info. From 20 mins to ???.
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