resource update coming shortly, page-33

  1. 1,622 Posts.
    lightbulb Created with Sketch. 529
    Have read it and found:

    2. An overview of the continuous disclosure decision process
    The diagram on the next page outlines the decision making process a listed entity should generally follow, if it becomes aware of information that could have a material effect on the price or value of its securities, to determine whether the information needs to be disclosed under Listing Rules 3.1 and 3.1A and, if it does and the entity is not in a position to issue an announcement straight away, whether it should consider requesting a trading halt:

    I am not a lawyer but it seems to me to be logical to follow the last part of
    the paragraph and call a trading halt - which is what the company did.

    The reason "the entity is not in a position to issue announcement straight away" being that some shareholders i.e. those at the AGM, would be disadvantaged
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.