A temporary suspension prevents confidential information from leaking to the market prior to official publication. TEG releasing the drilling results at 11:12am without requesting a trading halt appears to be a breach of the directors' duty. The share appeared to trade suspiciously before this release. I've reported my concerns to ASIC. It takes 5 minutes, here is the link:
https://compliance.asic.gov.au/#/form/583b77dc397bbc319837ea2a/app/66b2e0cac22a46f99c6c95c9
Ann: L7 Booth Results, page-52
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Last
0.7¢ |
Change
-0.007(50.0%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 0.6¢ | $994.3K | 125.7M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 11951663 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 448147 | 1 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| TEG (ASX) Chart |