It's window dressing to demonstrate that ASX is responsible in its role as market operator.
It's also designed to warn listed companies "we are watching."
But, should it later be proved that the company (who answered "nothing to see here" in it's response to a speeding ticket) did in fact know full well why - for example one of their employees or suppliers went off the reservation and disclosed privileged information - then it becomes Exhibit A in a court case.
It's not totally toothless. Occasionally it does prompt listed companies to do some internal searching and immediately issue a market announcement.
It's window dressing to demonstrate that ASX is responsible in...
Add BRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
0.035(13.7%) |
Mkt cap ! $572.0M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 29.0¢ | 26.0¢ | $10.11M | 36.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22403 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 628072 | 21 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |