has SRT peaked at 3c ??, page-243

If there is an announcement tomorrow, I suggest that it would be loaded up to the ASX with the box ticked that it is 'market sensitive' which at the very least puts it into a 20 minute (trading) halt. However, if the company wishes, it can seek a longer delay (i.e. TH) and that could be the standard 24 hours or longer if the company seeks it, which would result in the ASX advising the market that the company has sought a TH.

To suggest that an announcement relating to a potential new acquisition would not be 'market sensitive' given that they may announce who the parties are that have signed the agreement and more detail of the agreement (if any), would be inconsistent with usual market practice. A 20 minute (trading) halt is possibly the least amount of time required for such an announcement, in my opinion.

Cheers,
Half-halt Tangrams