It's not even about a real issue about information leakage. It's about managing perception. As I mentioned in my previous post, the price of this stock can fluctuate a lot. If it happens to coincidentally go up or down a lot in the lead up to an ASX announcement - some people will just automatically jump to the conclusion "Oh, the SP went up 8% in the two days before the announcement so there must have been a leak!". Even if there is no evidence to support that view, and even if historical trading data suggests that kind of movement is not unusual, but normal - some people may just form that view.
As I said before, some directors just don't want to have to bother with these kind of issues, so they just halt it for a short period as a precaution. I myself would prefer to halt the stock rather than deal shareholders emailing/calling me asking about whether or not there are leaks that I'm aware of for a stock where big movements happen on a regular basis when there is literally no news.
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