Stormer is technically correct. However, a company can still request suspension of trading in its stock if it feels necessary. The ASX would likely grant it so long as it was a valid reason. A public company also has to consider Corporations Law and further ramifications of such a suspension. So usually no more than a further 5 days would be prudent because of the impact on future capital raising or other issues. In ACW’s case they actually had 4 full days to assess the information as it would be expected that most key executives would have been involved in the details over the weekend as well. They had the 2 days requested trading halt as well as the 2 days of the weekend to review the information.
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Stormer is technically correct. However, a company can still...
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Last
3.8¢ |
Change
-0.003(7.32%) |
Mkt cap ! $103.0M |
Open | High | Low | Value | Volume |
4.1¢ | 4.2¢ | 3.8¢ | $752.5K | 18.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 1802485 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 1393778 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1782485 | 0.038 |
8 | 3024425 | 0.037 |
6 | 901554 | 0.036 |
4 | 3215000 | 0.035 |
1 | 250000 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 1393778 | 3 |
0.041 | 768915 | 4 |
0.042 | 447837 | 4 |
0.043 | 163174 | 2 |
0.044 | 387986 | 3 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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