4DS 3.23% 9.0¢ 4ds memory limited

Ann: Trading Halt, page-115

  1. 391 Posts.
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    Calm down people.

    its not forced trading halt by ASX... Read 6 December 2022, same wording used. It's boilerplate wording.

    the ASX announcement confirms it "The securities of 4DS Memory Limited (‘4DS’) will be placed in trading halt at the request of 4DS, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 23 August 2023 or when the announcement is made."

    its how the process works
    -there is a request from 4DS to go into a trading halt
    -then the following :
    https://hotcopper.com.au/data/attachments/5525/5525614-d514dba0aacccdb06ed7df6d95249a1d.jpg
    Instructions could be chapter 17 of the ASX rules or maybe just something in the dialogue... There may have been a separate email application then they type up the one to be released with the ASX announcement

    no grand conspiracy here



    This is a good read

    https://www.asx.com.au/documents/rules/gn16_trading_halts.pdf&ved=2ahUKEwju7tyQ_uyAAxVEafUHHdtGClIQFnoECCMQAQ&usg=AOvVaw3H_MD4IoDqZfRlR7CMWArCfrom
 
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