Hi Platinum - you are correct that the ASX determines if an announcement is price sensitive - see hereunder from the ASX website -
When an announcemen is received by the MAO it is quickly reviewed on screen by specialist staff to determine - (Several Issues) including -
- Whether it is likely to be "market sensitive" - in which case the MAO will initiate a brief halt to trading in the relevant securities to allow the market to absorb and react to the information in the announcement.
Ann: Response to Aware Query, page-46
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