P/B Ratio is currently 0.23, page-46

Grant is correct. If Asked, the ASX does not review the reason behind a trading halt request. It's up to the company to justify it post the event if questioned. When you request a THalt, they don't ask you why. And even if they do ask, it's my experience that they 1. Take too long to respond/query/accept and 2. Probably don't get it anyway. Don't be fooled into thinking the ASX actually know what they're doing. Many account managers in their are kids who haven't had commercial experience running a company and as such "they've never played the game". Bit like AFL umpires!