ICQ 0.00% 53.0¢ icar asia limited

What triggers a Price & Volume Query from the ASX? Does anyone...

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    What triggers a Price & Volume Query from the ASX? Does anyone know if theres a set definition? Surely a stock with a non binding offer trading 35% below potential offer price and falling like a stone over the last week would have some alarm bells ringing. Volumes up also. Would not be hard for them to trace where the volume is coming from however. Looks like a leaky boat this one.
 
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