It is submitted that NZX and ASX should seek to align their policies in respect of trading halts, and co-ordinate their implementation, more closely when dealing with dual listed issuers. The main cause for concern is situations where trading can continue on one platform while trading is halted on another. This could lead to some investors being disadvantaged relative to others, exposing the relevant dual listed issuers to criticism, and undermining the transparency of, and confidence in, capital markets.

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