Friday's report released at 8.20 am included following:
"Results of the Phase 2 Post Traumatic Stress Disorder (PTSD) trial did not meetthe primary endpoint of decrease in PTSD symptoms as measured by CAPS-5 at12 weeks in a dose-response analysis; the Company is undertaking a plannedreview and further analysis of the results."
Presumably BNO was conducting this review on Friday & into weekend.
ASX should be onto this. When did BNO commission "planned review" and when did it first notify shareholders? When was BNO expecting these further results would be available and when was review completed? Why no trading halt Friday?
ASX should have paused trading today and insisted on a trading halt pending confirmation from BNO that it was compliant.
BNO Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held