Response to ASX Price and Volume Query
Released
Released
Announcement PDF
3 June 2026
ASX Compliance Pty Limited
Via Email: ListingsComplianceMelbourne@asx.com.au
Dear ASX
HITIQ Limited – Response to ASX Price Query
We refer to your letter dated 3 June 2026 and respond as follows (defined terms have the same meaning
given to them in your letter):
1. Is HIQ aware of any information concerning it that has not been announced to the market
which, if known by some in the market, could explain the recent trading in its securities?
The Company is not aware of any information concerning it that has not been announced to the
market which, if known by some in the market, could explain the recent trading in its securities.
2. If the answer to question 1 is “yes”.
N/A
3. If the answer to question 1 is “no”, is there any other explanation that HIQ may have for the
recent trading in its securities?
Executive Chairman Earl Eddings is currently undertaking a no deal roadshow in Australia and
Asia as per the presentation lodged with ASX on 11 May 2026. The presentation have been well
received by attendees.
Other that the above, the Board of HIQ can offer no explanation for the increased interest in the
Company’s securities.
4. Please confirm that HIQ is complying with the Listing Rules and, in particular, Listing Rule 3.1.
The Company confirms that, to its best knowledge and belief, it is in compliance with ASX Listing
Rules and in particular, Listing Rule 3.1.
5. Please confirm that HIQ’s responses to the questions above have been authorised and
approved under its published continuous disclosure policy or otherwise by its board or an
officer of HIQ with delegated authority from the board to respond to ASX on disclosure
matters.
The Company confirms that these responses to ASX’s Letter have been authorised and approved
by the Board of HIQ.
This announcement has been authorised for release by the Board of HITIQ Ltd.
ASX Limited [[Listings]] ASX Customer Service Centre 131 279 | asx.com.au
#11093684v1
3 June 2026
Ms Nova Taylor
Company Secretary
HitIQ Limited
By email
Dear Ms Taylor
HitIQ Limited (‘HIQ’): Price and Volume Query
ASX refers to the following:
A. The change in the price of HIQ’s securities from a close of $0.007 on 2/06/2026 to an intraday high of
$0.013 today at the time of writing.
B. The significant increase in the volume of HIQ’s securities traded over the course of today.
Request for information
In light of this, ASX asks HIQ to respond separately to each of the following questions and requests for
information:
1. Is HIQ aware of any information concerning it that has not been announced to the market which, if known
by some in the market, could explain the recent trading in its securities?
2. If the answer to question 1 is “yes”.
(a) Is HIQ relying on Listing Rule 3.1A not to announce that information under Listing Rule 3.1? Please
note that the recent trading in HIQ’s securities would suggest to ASX that such information may have
ceased to be confidential and therefore HIQ may no longer be able to rely on Listing Rule 3.1A.
Accordingly, if the answer to this question is “yes”, you need to contact us immediately to discuss the
situation.
(b) Can an announcement be made immediately? Please note, if the answer to this question is “no”, you
need to contact us immediately to discuss requesting a trading halt (see below).
(c) If an announcement cannot be made immediately, why not and when is it expected that an
announcement will be made?
3. If the answer to question 1 is “no”, is there any other explanation that HIQ may have for the recent trading
in its securities?
4. Please confirm that HIQ is complying with the Listing Rules and, in particular, Listing Rule 3.1.
5. Please confirm that HIQ’s responses to the questions above have been authorised and approved under its
published continuous disclosure policy or otherwise by its board or an officer of HIQ with delegated
authority from the board to respond to ASX on disclosure matters.
When and where to send your response
This request is made under Listing Rule 18.7. Your response is required as soon as reasonably possible and, in
any event, by no later than 3:00 PM AWST Wednesday, 3 June 2026
You should note that if the information requested by this letter is information required to be given to ASX
under Listing Rule 3.1 and it does not fall within the exceptions mentioned in Listing Rule 3.1A, HIQ’s obligation
2/2
ASX Customer Service Centre 131 279 | asx.com.au
#11093684v1
is to disclose the information ‘immediately’. This may require the information to be disclosed before the
deadline set out in the previous paragraph and may require HIQ to request a trading halt immediately.
Your response should be sent by e-mail to ListingsCompliancePerth@asx.com.au. It should not be sent directly
to the ASX Market Announcements Office. This is to allow us to review your response to confirm that it is in a
form appropriate for release to the market, before it is published on the ASX Market Announcements Platform.
Trading halt
If you are unable to respond to this letter by the time specified above, or if the answer to question 1 is “yes”
and an announcement cannot be made immediately, you should discuss with us whether it is appropriate to
request a trading halt in HIQ’s securities under Listing Rule 17.1. If you wish to request a trading halt, you must
tell us:
• 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; and
• any other information necessary to inform the market about the trading halt, or that we ask for.
We require the request for a trading halt to be in writing. The trading halt cannot extend past the
commencement of normal trading on the second day after the day on which it is granted. You can find further
information about trading halts in Guidance Note 16 Trading Halts and Voluntary Suspensions.
Suspension
If you are unable to respond to this letter by the time specified above, ASX will likely suspend trading in HIQ’s
securities under Listing Rule 17.3.1.
Listing Rules 3.1 and 3.1A
In responding to this letter, you should have regard to HIQ’s obligations under Listing Rules 3.1 and 3.1A and
also to Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 – 3.1B. It should be noted that HIQ’s obligation
to disclose information under Listing Rule 3.1 is not confined to, nor is it necessarily satisfied by, answering the
questions set out in this letter.
Release of correspondence between ASX and entity
ASX reserves the right to release all or any part of this letter, your reply and any other related correspondence
between us to the market under Listing Rule 18.7A. The usual course is for correspondence to be released to
the market.
Yours sincerely
ASX Compliance
Share your feedback
Discover