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Ann: Response to ASX Price and Volume Query, page-14

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bigpelican

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10/08/21

22:38

Post #: 55186283
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Originally posted by Surandy70: ↑

I'm not saying it is Honeywell, but it would be interesting if it was.

1. Is SOR 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 SOR relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1?

Listing rule 3.1A:

3.1A Listing rule 3.1 does not apply to particular information while each of the following requirements is satisfied in relation to the information:
3.1A.1 One or more of the following 5 situations applies:
 The information concerns an incomplete proposal or negotiation;

By virtue of the above questions asked in the speeding ticket this would be expected to draw out a yes response to Q1 and force the company to release information or go into a trading halt due to Q2.

However SOR has disclosed to the market as recently as the quarterly that they are in negotiations with Honeywell, therefore they can avoid Q2 as the information has been announced to the market, insofar as they are endeavouring to finalise the agreement asap.

Hopefully the share price can hold it's ground tomorrow.

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Completely agree re Q2...already disclosed so no need to disclose again. Speculation around this can be left to its own course without a trading halt. Cheers

SOR Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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