BTN Ltd Responds to ASX Price Query
Key points
- BTN Ltd confirms no undisclosed information affecting securities price
- Preliminary discussions on non-core asset disposals do not explain recent trading
- Company assures compliance with ASX Listing Rules
Full summary
Butn Limited (BTN) has responded to a price query from the Australian Securities Exchange (ASX) regarding recent trading in its securities. BTN confirms that it is not aware of any undisclosed information that could explain the price movements. The company is engaged in preliminary, confidential discussions regarding potential disposals of non-core assets and other commercial opportunities, but these discussions are incomplete and do not account for the recent trading. BTN assures that it is complying with the ASX Listing Rules, including in relation to these ongoing discussions.
Summary generated by a large language model. Please interpret with care.