Hi @lordearl, I am sure others will correct me, but my...

Hi @lordearl,

I am sure others will correct me, but my understanding is, so there is no 'tactical' advantage to any trading halt, because, if the company does not produce the announcement by the requested date, before normal trading, then the ASX, not FLC, will inevitably put the company into 'suspension' until the announcement is made, as per the Trading Halt request, or I guess a please explain, if there is no announcement.

Therefore, no trading until it is sorted. Prevents the abuse of a TH for any 'tactical' gain.

Well at least in my limited experience, that is how I understand how it works, and it would be sensible, as obviously a TH could be abused otherwise.

I am certain, given the professionalism of EMC/FLC and their strict adherence to the rules so far, that the announcement will be delivered on time, and an orderly market will trade tomorrow based on the necessary information.

ASX in theory, doesn't allow obvious 'tactics' within the rules, except, I guess, the hidden ones, by those that know how to play it, and have the power and money to do so.

It will be interesting to see what does indeed get announced, and what happens to the SP after that.

I hope we aren't again 'underwhelmed', as was the case with the merger. Maybe, if nothing happens, people could argue, that there are more chess pieces still need to be placed before the SP moves?

Apparently the ASX, is a patient market, and easier access to, and hence the original EMC listing here, however, we do eventually reach our limit, and I wonder where that is?

Just my idiotic thoughts, and opinions, as usual.


Cheers
gsmaree