that seems to be from a legal ' viewpoint ' but according to ASX rules
ASX LISTING RULESGuidance Note 8ASX Listing RulesGuidance Note 8Page 4 23 August 2019 1.IntroductionThis Guidance Note is published to assist listed entities to understand and comply with their disclosure obligations under Listing Rules 3.1, 3.1A and 3.1B of ASX Limited (ASX). These rules provide:3. 1 Once an entity is or becomes aware of any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s securities, the entity must immediately tell ASX that information. 3.1A Listing rule 3.1 does not apply to particular information while each of the following requirements is satisfiedin relation to the information: 3.1A.1One or more of the following 5 situations applies:•It would be a breach of a law to disclose the information; •The information concerns an incomplete proposal or negotiation; •The information comprises matters of supposition or is insufficiently definite to warrant disclosure; •The information is generated for the internal management purposes of the entity; or•The information is a
as far as I am concerned this news does have a 'material effect on price'.
I've got to add, capital raising in the time of this MOU reflects poorly on management and gives a head start to those in the know. It deserves an
ASX enquiry. Can any one of you who says this need not be disclosed
post a link to support your post ?
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Last
30.5¢ |
Change
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Mkt cap ! $70.31M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.3¢ | $365.4K | 1.191M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 73091 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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31.0¢ | 326930 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 73091 | 0.305 |
22 | 284210 | 0.300 |
11 | 126421 | 0.295 |
17 | 102045 | 0.290 |
4 | 87836 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 326930 | 9 |
0.315 | 98190 | 4 |
0.320 | 50000 | 2 |
0.330 | 58153 | 6 |
0.345 | 37900 | 2 |
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