FAL 6.06% 17.5¢ falcon metals ltd

Ann: Pause in Trading, page-11

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  1. 836 Posts.
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    ASX inititiated pause = please explain (speeding ticket).

    Now have to wait for FAL to answer the "stock standard questions" likely similar to those below.

    Request for information
    In light of this, ASX asks XYZ to respond separately to each of the following questions and requests for
    information:
    1. Is XYZ aware of any information concerning it that has not been announced to the market which, if known
    by some in the market, could explain the recent trading in its securities?
    2. If the answer to question 1 is “yes”.
    (a) Is XYZ relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1?
    Please note that the recent trading in XYZ’s securities would suggest to ASX that such
    information may have ceased to be confidential and therefore XYZ may no longer be able to rely
    on Listing Rule 3.1A. Accordingly, if the answer to this question is “yes”, you need to contact us
    immediately to discuss the situation.
    (b) Can an announcement be made immediately? Please note, if the answer to this question is “no”,
    you need to contact us immediately to discuss requesting a trading halt (see below).
    (c) If an announcement cannot be made immediately, why not and when is it expected that an
    announcement will be made?
    3. If the answer to question 1 is “no”, is there any other explanation that XYZ may have for the recent trading
    in its securities?
    4. Please confirm that XYZ is complying with the Listing Rules and, in particular, Listing Rule 3.1.
    5. Please confirm that XYZ'S responses to the questions above have been authorised and approved under its
    published continuous disclosure policy or otherwise by its board or an officer of XYZ with delegated
    authority from the board to respond to ASX on disclosure matters.

 
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