It is a query from ASX asking whether all drill results should be considered market sensitive. Last Tuesday 24 Mar there was a trading halt called because of excessive price rise, and EXT answered that there was no market sensitive information to explain the price rise. Three days later on Friday drill results were released, as EXT has done periodically (end of each month usually).
ASX is now asking whether that constitutes market sensitive information, and that drill results should be released individually. EXT has replied that they haven't considered then that way, but released results periodically just in case.
I can see the reason for the ASX query but it seems a bit over the top. Last Friday's results weren't earth shattering, just confirming the steady uptrend in resource. As long as EXT keeps releasing at the end of each month I don't see the problem. I'm not a legal beagle so this is just my opinion.
EXT Price at posting:
$4.22 Sentiment: LT Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)