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1.5¢ australian mines limited

Ann: Voluntary Suspension, page-55

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rab

4,640 Posts.

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14/02/18

10:12

Post #: 31041454
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Originally posted by genr8 ↑

This is the second stock I've had do this in a week. I wonder if unfortunately it's just part of the ASX rules for this kind of process... ie, a company will apply for a trading halt first, burn that then apply for voluntary suspension even if they knew it may take longer at the start.

https://www.asx.com.au/documents/rules/gn16_trading_halts.pdf

4.3 When to request a voluntary suspension

"An entity should consider requesting a v0luntary suspension:
* whenever it is necessary to manage it's continuous disclosure obligations under Listing Rules 3.1-3.1B; and
* where it anticipates not being able to make an announcement to satisfy those obligations for a longer period than the maximum permitted duration of a trading halt (generally two trading daysor, in those exceptional circumstances where ASX agress to grant back-to-back trading halts, four trading days).

An entity should also consider requesting a voluntary suspension if it ahs been in a trading halt pending an announcement and it becomes clear that it will not be in a position to make the anticipated announcement before the end of the trading halt."

Just relax, brew up and carry on until Friday.

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Yep

AUZ Price at posting: 9.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.5¢		Change -0.001(6.25%)		Mkt cap ! $22.37M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$18.64K	1.215M

Buyers (Bids)

No.	Vol.	Price($)
11	22680828	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.5¢	2772681	4

View Market Depth

No.	Vol.	Price($)
11	22680828	0.014
11	16902562	0.013
11	22514133	0.012
13	16766666	0.011
13	15965085	0.010

Price($)	Vol.	No.
0.015	2772681	4
0.016	6828610	25
0.017	6963838	18
0.018	3231352	5
0.019	2732000	7

Last trade - 13.58pm 01/11/2024 (20 minute delay)

AUZ (ASX) Chart