I was not saying they get results before the market. I was saying that during the halt, they can give the results out to anyone, as long as the results are released to the rest of the market before recommencing trade.
Thats the entire point of a halt. So they can go through the process of the placement and have time to get it all sorted and announce details prior to commencing to trade again.
In this instance doing the placement right when results are maybe due, my point was its a possible scenario to have timed the halt to be able to include the results to the placement partner, then once its done release to market.
It happens a lot in all kinds of stock placements. I even said its not a bad thing but a good one.
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0 | 0 | 0.000 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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