The second TH eluded me if it’s just a successful raise with oversubscribed and or Pattos take up then why the trading halt. They could have just announced the results and then continued trading that’s what we all expected.
When were the shares to be allotted?
Could be other investment further raise by institutional investors or finance type announcement. The trading halt stops people from selling shares allotted.
So we get our allotment followed by news that we have a investor or financial outcome. So that people that purchased during raise are rewarded.
Anyway we will have to wait and stop speculating about it.
Ann: Trading Halt, page-29
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