AVB 0.00% 16.5¢ avanco resources limited

Freehold is correct.No need to panic4.3 When to ask for a...

  1. 54 Posts.
    Freehold is correct.
    No need to panic

    4.3 When to ask for a voluntary suspension
    An entity should consider requesting a voluntary suspension:
    • whenever it is necessary to manage its continuous disclosure obligations under Listing Rules 3.1-3.1B and to avoid trading in its securities happening on a basis that is not reasonably informed; and
    • where it anticipates not being able to make an announcement to satisfy those obligations for a longer period than the maximum permitted duration of a trading halt (generally two trading days or, in those exceptional circumstances where ASX agrees to grant back-to-back trading halts, four trading days).

    An entity should also consider requesting a voluntary suspension if it has been in a trading halt pending an announcement and it becomes clear that it will not be in a position to make the anticipated announcement before the end of the trading halt.
 
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