The company has stated it believes there is a false market operating.
'DEFINITION of False Market.
A false market occurs when prices are manipulated and impacted by erroneous information, preventing the efficient negotiation of prices. These types of markets will often be marred by volatile swings because the true value of the market is clouded by the misinformation.'
I can't see how PNC could have supplied more information after the ASIC response.
Ann: Trading Halt, page-5
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Last
46.0¢ |
Change
-0.040(8.00%) |
Mkt cap ! $64.57M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 46.0¢ | $3.035K | 6.235K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 144939 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 20932 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PNC (ASX) Chart |