OEL
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0.00% 1.3¢ otto energy limited

Ann: Pause in Trading, page-2

  1. stumpytrunks
    6,557 Posts.
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    08/04/21
    10:22
    Post #: 52322494

    ASX generally pauses trading when a listed entity:

    • tells ASX it is intending to lodge a market sensitive announcement and ASX is concerned the market does not trade on an uninformed basis ahead of that announcement; or

    • requests a trading halt and ASX agrees to the request, to prevent trading occurring on an uninformed basis while the trading halt is processed.

    1

    ASX itself may also initiate a pause in trading if it is unable to contact a listed entity to discuss a query about its disclosure obligations and has reason to be concerned that trading may be about to occur, or is already occurring, on an uninformed basis.


    OEL Price at posting: 1.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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