"Under the changes, corporations and directors would be liable for continuous disclosure law breaches only where they acted with “knowledge, recklessness or negligence” in market-sensitive updates.The pre-COVID-19 rules were “strict liability” or “no fault”, meaning lawsuits only needed to prove companies and their officers failed to disclose information to the market, regardless of intention."
New laws passed Senate today which will reduce class actions for disclosure breaches.
"Under the changes, corporations and directors would be liable...
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $250.0M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 91.3¢ | 84.5¢ | $366.0K | 414.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 609 | 86.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 609 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |