MSB 2.03% $1.45 mesoblast limited

Ann: Trading halt, page-256

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 693 Posts.
    lightbulb Created with Sketch. 266
    While I have no particular view on whether this is good or bad, I am a little concerned that the trading halt was preceded by a pause.

    A pause is imposed by the exchange and can be implemented pretty much immediately compared to a longer timeframe for a company requested halt. It would normally be imposed where there is some evidence that the market is being manipulated or there is evidence that the market is not fully informed (it could also be imposed where the company requests a halt which requires further consideration by the exchange before being approved, but where there was a significant risk if trading were allowed to continue*).

    So my take on this is that something unexpected has occurred, requiring immediate action by the exchange. That something could be very good or very bad, we'll know by Friday.

    * A pause is also routinely used to briefly suspend trading after lifting of a trading halt.
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.