BRN 20.5% 23.5¢ brainchip holdings ltd

It means the directors are in possession of market sensitive...

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  1. 9,789 Posts.
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    It means the directors are in possession of market sensitive information - so they have requested a trading halt in order to manage their 'continuous disclosure obligations'.

    i.e. When directors become aware of market sensitive information, they have a legal duty to inform the market of that info. If they can't inform the market then a trading halt is required.
 
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