In the request for the trading halt, TOX stated they expected to be able to make an announcement by the end of Monday, however the halt was only granted up until the start of Mondays trading.
The ASX will not extend a halt, thus TOX has had to have trading suspended.
There may be only a relatively insignificant reason for the trading halt, the main reason for doing it being the price rise on Thursday.
In the request for the trading halt, TOX stated they expected to...
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