MSB 0.92% $1.08 mesoblast limited

Ann: Trading Halt, page-104

  1. 130 Posts.
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    @dontfollowme is right. If it were a partnership deal you wouldn't need the 3 day trading halt. It would be announced on the day it is signed off. Chinese walls are usually adequate to contain the information. A trading halt is required because the appointed broker will be out today with a presentation to institutions raising capital - which would provide some with access to information the broader market does not have hence the need for a 3 day halt whilst this occurs and the final successful raising and pricing is disclosed to the market.

    Keep an eye on the AFR - they usually get first wind of it.

 
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