I think having a top 3 shareholder sell out may have forced their hand: - either because they are suspicious about a hostile takeover. - a (future) farminee or insider is acquiring stock cheaply prior to publication of major deal, raising potential accusation of insider trading down the track.
Having a major shareholder sell out (@ 22.5 cents) after a brief run up will spook any CEO. Calling a halt is the prudent thing to do.
AQO Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held