Liquefied Natural Gas Limited (LNG Ltd) has issued a response to a recent ASX price query, relating to a change in the price of the company’s securities.
ASX issued the price query following a change in the price of LNG Ltd’s securities on Monday 5 October 2015, from an opening price of US$1.48 to an intra-day high of US$1.635.
In response, LNG Ltd said that it does not have an explanation for the price change in its securities. A letter from LNG Ltd’s Company Secretary, David Gardner, said that the company is “not aware of any information concerning it that has not been announced to the market which, if known, could explain the recent trading in its securities.”
Edited from press release by Callum O'Reilly