With respect to Cynata's continuous disclosure obligations, and Cynata's radio silence, it might be useful to consult the ASX guidance notes:
https://www.asx.com.au/documents/rules/gn08_continuous_disclosure.pdf
I draw your attention to section 5.4.
I think that we can conclude that (particularly from the third dot point and following paragraph) that either negotiations are still in progress or if the negotiations have been completed, the documentation has not yet been executed....
My thanks to Mrs. Timber, who provides excellent legal analysis over breakfast.
All the best.
Monday trading halt: option, option plus, or TO?, page-100
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $42.45M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 23.5¢ | $9.79K | 41.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3942 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 35000 | 1 |
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| Last trade - 14.18pm 14/10/2024 (20 minute delay) ? |
| CYP (ASX) Chart |