ANH ansearch limited

Ansearch LimitedABN 70 001 287 510Kilda Road Towers,Suite 1201 /...

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    Ansearch Limited
    ABN 70 001 287 510
    Kilda Road Towers,
    Suite 1201 / 1 Queens Road
    Melbourne Vic 3004 Australia
    Phone + 61 3 9863 7822
    Fax + 61 3 9863 7823
    Toll free 1300 852 722
    26 June 2006
    Dean Litis
    Senior Adviser,
    Issuers (Melbourne)
    Australian Stock Exchange Limited
    By email
    RE: PRICE & VOLUME QUERY
    Melbourne – 26 June 2006 – in response to your inquiry regarding the recent price and volume increase
    in the Company’s shares.
    1. The Company is not aware of any information concerning it that has not been announced
    which, if known, could be an explanation for recent trading in the securities of the Company;
    2. The Company is in compliance with the ASX Listing Rules and in particular with Listing Rule
    3.1.
    The Company is aware of an email newsletter from Invest4Profit that was issued Friday that may have
    contributed to the increase in market activity. That coupled with the Company’s recently filed revenue
    and cash flow statements, indicating it is in the best financial position it has been in since Decembers
    reconstruction, may also have contributed to the increased volume and price. It should be noted that the
    Company’s current share price has still not reached the level it was at this time last month.
    Jan Macpherson
    Company Secretary
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    23 June 2006
    Ms Jan Macpherson
    Company Secretary
    Ansearch Limited
    BY EMAIL
    Dear Jan
    Ansearch Limited (the “Company”)
    RE: PRICE QUERY
    We have noted a change in the price of the Company’s securities from 4.3 cents as at the close
    of trading yesterday 22 June 2006 to a high of 6 cents today. We have also noted an increase
    in volume during the same period.
    In light of the price and volume change, please respond to each of the following questions.
    1. Is the Company aware of any information concerning it that has not been announced
    which, if known, could be an explanation for recent trading in the securities of the
    Company?
    2. If the answer to question 1 is yes, can an announcement be made immediately? If not,
    why not and when is it expected that an announcement will be made?
    Please note, if the answer to question 1 is yes and an announcement cannot be made
    immediately, you need to contact us to discuss this and you need to consider a trading
    halt (see below).
    3. Is there any other explanation that the Company may have for the price change in the
    securities of the Company?
    4. Please confirm that the Company is in compliance with the listing rules and, in
    particular, listing rule 3.1.
    Your response should be sent to me by e-mail at [email protected] or by facsimile on
    facsimile number (03) 9614 0303. It should not be sent to the Company Announcements
    Office.
    Unless the information is required immediately under listing rule 3.1, a response is requested as
    soon as possible and, in any event, not later than half an hour before the start of trading (ie
    before 9.30 a.m. E.S.T.) on Monday 26 June 2006.
    Australian Stock Exchange Limited
    ABN 98 008 624 691
    Level 3
    Stock Exchange Centre
    530 Collins Street
    Melbourne VIC 3000
    GPO Box 1784Q
    Melbourne
    VIC 3001
    Telephone 61 (03) 9617 8658
    Facsimile 61 (03) 9614 0303
    Internet http://www.asx.com.au
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    Under listing rule 18.7A, a copy of this query and your response will be released to the market,
    so your response should be in a suitable form and separately address each of the questions
    asked. If you have any queries or concerns, please contact me immediately.
    Listing rule 3.1
    Listing rule 3.1 requires an entity to give ASX immediately any information concerning it that a
    reasonable person would expect to have a material effect on the price or value of the entity’s
    securities. The exceptions to this requirement are set out in listing rule 3.1A.
    In responding to this letter you should consult listing rule 3.1 and Guidance Note 8 –
    Continuous Disclosure: listing rule 3.1.
    If the information requested by this letter is information required to be given to ASX under
    listing rule 3.1 your obligation is to disclose the information immediately.
    Your responsibility under listing rule 3.1 is not confined to, or necessarily satisfied by,
    answering the questions set out in this letter.
    Trading halt
    If you are unable to respond by the time requested, or if the answer to question 1 is yes and an
    announcement cannot be made immediately, you should consider a request for a trading halt in
    the Company’s securities. As set out in listing rule 17.1 and Guidance Note 16 – Trading Halts
    we may grant a trading halt at your request. We may require the request to be in writing. We
    are not required to act on your request. You must tell us each of the following.
    • The reasons for the trading halt.
    • How long you want the trading halt to last.
    • The event you expect to happen that will end the trading halt.
    • That you are not aware of any reason why the trading halt should not be granted.
    • Any other information necessary to inform the market about the trading halt, or that
    we ask for.
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    The trading halt cannot extend past the commencement of normal trading on the second day
    after the day on which it is granted. If a trading halt is requested and granted and you are still
    unable to reply to this letter before the commencement of trading, suspension from quotation
    would normally be imposed by us from the commencement of trading if not previously
    requested by you. The same applies if you have requested a trading halt because you are unable
    to release information to the market, and are still unable to do so before the commencement of
    trading.
    If you have any queries regarding any of the above, please let me know.
    Yours sincerely
    [Sent electronically without signature]
    Dean Litis
    Senior Adviser, Issuers (Melbourne)
 
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