Why would you want to put it into a TH for an indefinite period? A billion dollars of stock that cannot be traded - would surely cause hardship to some holders who find that they need to sell some for whatever reason. The ASX is a market; investors have every expectation that they should be able to trade.
Then what happens if the news is eventually bad. When it re-opens it does so at 10c. Where is the justice in that?
And if the news appears good - after all the shenanigans so far, who will believe that it is finally over?
so where to from here?, page-12
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Last
$6.76 |
Change
0.020(0.30%) |
Mkt cap ! $6.318B | |||
| Open | High | Low | Value | Volume |
| $6.76 | $6.81 | $6.72 | $16.83M | 2.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9162 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.78 | 5455 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |