Australian
Stock Exchange Limited
ABN
98
008 624 691
Exchange
Centre
Level
6,
20 Bridge Street
Sydney
NSW 2000
PO
Box
H224
Australia
Square
NSW
1215
Telephone
61 (02) 9227 0305
Facsimile
61 (02) 9241 7620
Internet
http://www.asx.com.au
DX
10427
Stock Exchange Sydney
4
November 2007
Mr
Ronald
Erratt
Company
Secretary
Novogen
Limited
140
Wicks
Road
North
Ryde NSW 2113
By
email
Dear
Ronald
Novogen
Limited (the “Company”)
RE:
PRICE
QUERY
We
have
noted a change in the price of the Company’s securities from $1.59 on 26
November 2007 to $1.28 at the time of writing today.
In
light
of the price change, please respond to each of the following
questions.
1.
Is
the
Company aware of any information concerning it that has not been announced
which, if known, could be an explanation for recent trading in the securities
of
the Company?
2.
If
the answer
to question 1 is yes, can an announcement be made immediately? If not, why
not
and when is it expected that an announcement will be made?
Please
note, if the answer to
question 1 is yes and an announcement cannot be made immediately, you need
to
contact us to discuss this and you need to consider a trading halt (see
below).
3.
Is
there any
other explanation that the Company may have for the price change in the
securities of the Company?
4.
Please
confirm that the Company is in compliance with the listing rules and, in
particular, listing rule 3.1.
Your
response should be sent to me by e-mail at emma.badhni@asx.com.au or by
facsimile on facsimile number (02) 9241 7620. It should not be sent to the
Company Announcements Office.
Unless
the information is required immediately under listing rule 3.1, a response
is
requested as soon as possible and, in any event, not later than half an hour
before the start of trading (ie before 9.30 a.m. E.D.S.T.) on Wednesday,
5
November 2007.
Under
listing rule 18.7A, a copy of this query and your response will be released
to
the market, so your response should be in a suitable form and separately
address
each of the questions asked. If you have any queries or concerns, please
contact
me immediately.
Listing
rule 3.1
Listing
rule 3.1 requires an entity to give ASX immediately any information concerning
it that a reasonable person would expect to have a material effect on the
price
or value of the entity’s securities. The exceptions to this requirement are set
out in listing rule 3.1A.
In
responding to this letter you should consult listing rule 3.1 and Guidance
Note
8 – Continuous Disclosure: listing rule 3.1.
If
the
information requested by this letter is information required to be given
to ASX
under listing rule 3.1 your obligation is to disclose the information
immediately.
Your
responsibility under listing rule 3.1 is not confined to, or necessarily
satisfied by, answering the questions set out in this letter.
Trading
halt
If
you
are unable to respond by the time requested, or if the answer to question
1 is
yes and an announcement cannot be made immediately, you should consider a
request for a trading halt in the ’s securities. As set out in listing rule 17.1
and Guidance Note 16 – Trading Halts we may grant a trading halt at your
request. We may require the request to be in writing. We are not required
to act
on your request. You must tell us each of the
following.
•
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.
•
Any
other
information necessary to inform the market about the trading halt, or that
we
ask for.
The
trading halt cannot extend past the commencement of normal trading on the
second
day after the day on which it is granted. If a trading halt is requested
and
granted and you are still unable to reply to this letter before the commencement
of trading, suspension from quotation would normally be imposed by us from
the
commencement of trading if not previously requested by you. The same applies
if
you have requested a trading halt because you are unable to release information
to the market, and are still unable to do so before the commencement of
trading.
If
you
have any queries regarding any of the above, please let me know.
Yours
sincerely,
(sent
electronically without signature)
Emma
Badhni
Senior
Adviser, Issuers (Sydney)
Direct
Line: (02) 9227 0305