TPD 0.00% 21.0¢ talon energy ltd

Ann: Pause in Trading, page-51

  1. 8,372 Posts.
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    In this case it would be
    - trading request received from TPD
    - pausing in trading (while ASX reviewed request)
    - trading halt enforced
    Is that you understanding too? Quite interested in the actual mechanics of this process.

    https://hotcopper.com.au/data/attachments/4337/4337464-225d470ebdbde8fec4d37142a783ec58.jpg

    On reflection, given they are in the middle of SPP, and the wider market is pooing itself, and sophisticated investors from the recent CR might be jumpy too, I wouldn't be surprised if the company was looking for any legitimate reason to enter a trading halt (to lock the price in at 0.008 for a few days). But one of the horses bolted just before they could slam the gate shut (so to speak).
 
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