Trading halts typically are 48 hrs. But this is not a trading halt, it's a suspension. And it's not voluntary, it has been imposed by the ASX under listing rule 17.3: https://www.asx.com.au/documents/rules/Chapter17.pdf
That's the rule whereby e.g. mining companies get temporarily suspended for not producing their quarterly cash flows by the required date. But that doesn't apply here. I note that the ASX notice specifically says the suspension is in relation to a pending "announcement in relation to the Woodlark project".
So there has been some sudden development in relation to Woodlark. So sudden, that the ASX had to move without getting a formal written request from GPR? But I thought the company could request a trading halt over the phone anyway, so I don't think that explanation works. So did the ASX gets its info from a third party? Or from the news - has there been a coup in PNG??
Interestingly, the ASX has not suspended Kula Gold. Which makes no sense at all.
Executive summary: I have no idea.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $89.10M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20712 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 191090 | 2 |
View Market Depth
| Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
| GPR (ASX) Chart |
Day chart unavailable