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Ann: Trading Halt, page-33

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    Back-to-back trading halts
    ASX will permit an entity to request two consecutive trading halts, allowing it a total of up to 4 trading days in halt to consider, plan for and execute a capital raising.
    Entities simply need to make it clear in their request for a trading halt that they are seeking two consecutive back-to-back halts of two days each for the purpose of considering a capital raising.

    ASIC and ASX guidance on fair treatment in capital raisings
    ASX notes the guidance given by ASIC in its Market Integrity Update - COVID-19 Special Issue – 31 March 2020. This clearly sets out ASIC’s expectations that, when deciding on the timing and structuring of any capital raising, directors of listed entities must continue to act in the best interests of the entity. This requires directors to balance a range of considerations, such as the need for quick and certain capital, and the cost to and possible dilution of existing security holders.
    ASX shares these expectations and may withdraw the benefit of a Class Waiver in any particular case if ASX considers it is being abused by a listed entity or that a listed entity is otherwise acting unfairly or unreasonably in the circumstances.
 
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Last
50.5¢
Change
0.000(0.00%)
Mkt cap ! $95.85M
Open High Low Value Volume
48.5¢ 51.5¢ 43.0¢ $343.6K 714.2K

Buyers (Bids)

No. Vol. Price($)
1 2302 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 9600 2
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Last trade - 16.10pm 18/11/2024 (20 minute delay) ?
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