Ann: Trading Halt, page-3

So the company thinks there is a false market for PNC shares. After releasing the thorough rebuttal of the ASIC letter & reconfirming the fy forecast so soon after the interims you can only assume they think the sp is trading too low.

But what could they release to change the market that they already haven't released?
They stated they don't know the impact of changing methodolgies so have they now worked it out? If so it must have no material negative impact on the assets of the company.
Has PWC come to an opinion that they didn't before? Unlikely or that would just have been released

Why is the company so concerned with the short term sp fluctuations?
The sp has no bearing on the operations of the business or borrowing covenants & in 4.5 months the results & decision on methodolgy will be out anyway. They have more than released enough information to keep the market sufficiently informed.
The only two reasons to be concerned about the short term sp fluctuations are
1) You want or need to do a CR (want if you want to invest more/expand or need if you are running out of cash)
2 Management ego that someone dare undervalue or short your company's shares.

This announcement after the reconfirmation of the FY guidance so soon after the interims is a worrying sign for me that the management are not focussing on the most important thing, running the business.
Forget about the sp, get the cash collected & ensure you not only meet but exceed your FY forecast & the sp will take care of itself!
The sort of announcements we are seeing are more likely to draw more negative attention & articles increasings the belief there is a real issue not dispel it.