BRN 2.38% 20.5¢ brainchip holdings ltd

A new beginning?, page-90

  1. LJD
    537 Posts.
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    Within the ‘ASX Compliance Update no. 07/19’


    underneath theheading


    3. “Ramping”announcements


    it states


    ‘ASX has recentlyseen a number of examples of listed entities making market announcements thatlook to ASX to be designed to “ramp” the price of theirsecurities rather than toinform the market …….


    Whenever ASX detectswhat it suspects to be a “ramping” announcement, it will not hesitate to suspendthe entity and issue a query letter …..’



    If the asx has a problem with a listed company it suspends it. I found suspensionsfor price queries, and the trading halt for further information onmegachips because it didn’t include the expected revenue, an awarequery for whether an announcement of a patent should be considered materially price sensitive information, there wasn’t any complianceissues at the time of the ford announcement, and I failed to find anysuspensions connected to ramping or other suspensions since the update.


    By the waytomandjerry, I am still waiting for your response, I am waiting forthe examples/evidence to backup your written words. "We alreadyknow BRN is on the ASX short list for certain things".

 
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