Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-17

Sorry cougarproof, that is a completely incorrect interpretation of why it was essential that the TH be called.
The market knew that the Licence for ATP855 was due for renewal on 31 October. The granting, or, non granting of that Licence is HIGHLY material for trading in ICN shares.
This is what they said "The trading halt is necessary to prevent trading taking place on an uniformed basis."
They had NO ALTERNATIVE but to call for a TH. And, it could be extended if the Licence is not granted by 3 November, unless, it is NOT approved in that time, whereby Icon has to give some reason why it can continue to operate when their only asset has been removed.
"There (doesn't) have to be more to this", so, lets cut the hypothesising, as that is only making it more confusing for everyone.
Interesting times, but, it WILL flush out SOMETHING from Icon management that will assist investors in determining their next move. Let's quit GUESSING and wait until it is FACT.