NEN 0.00% 22.0¢ neon capital ltd

Could be a bunch of reasons. Remember we are operating in a grey...

  1. 78 Posts.
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    Could be a bunch of reasons. Remember we are operating in a grey area - management discretion comes into play. KC may have wanted to be certain 100% that NEN didn't trade if info leaked out before the announcement.Maybe Kris are not as concerned about this issue so don't believe a halt in warranted. Could be different interpretation and/ or different rules on the two exchanges.

    Materiality also means that the impact of info leaking out has more impact on NEN v kris.

    I wouldn't read too much into what Kris are doing. I think the key point is if they had bad news they would just come out and say it.

 
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