PUR 20.0% 0.3¢ pursuit minerals ltd

Ann: Multiple Strong EM Conductors Detected in Calingiri East, page-240

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  1. 1,720 Posts.
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    I’ve had 3 stocks in the last year go into voluntary suspension after a TH as they all needed more time.
    I honestly don’t know why you feel that having a couple or a few trading halts within a short period of time is a negative or is unrealistic?

    Fun fact: Did you know on rare occasions that the asx can also issue back to back trading halts that essentially go for 4 days without the need of a suspension!?

    Having an opposing view is good Bsumisu,
    I think a good thing to look at first is the rules to a TH/voluntary suspension.... I’ve attached a link below.
    Let me know what you think....

    https://www.asx.com.au/documents/asx-compliance/abridged-cd-guide-mark-up.pdf

    Potentially big Law suits can come of an ASX listed company that doesn’t apply to the ASX for a trading halt if needed.
    I have personally never seen anything in the ASX rules of compliance that states only a certain number of trading halts to be given within a certain period of time.
    In the end the ASX is the regulator and decides wether or not to accept the request for a TH...
    so imo, if we have back to back trading halts then it’s more than likely to be above board.
    Cheers.
 
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