BOT 4.05% 38.5¢ botanix pharmaceuticals ltd

Ann: Trading Halt, page-103

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. 2,810 Posts.
    lightbulb Created with Sketch. 600

    In view of the following excerpt from https://www.asx.com.au/documents/rules/gn16_trading_halts.pdf:

    "When ASX agrees to a trading halt in an entity’s securities under Listing Rule 17.1, those securities are placed into the “trading halt session state” on the ASX trading platform. In that state, ASX market participants are able to place,amend or cancel orders for, but are not able to trade in, the securities. Existing orders for the securities in the ASX trading platform are not automatically purged, as they are in the case of a voluntary suspension, but instead remain in the trading platform with the same price/time priority and are available for execution when trading resumes after the halt has been lifted.19 This treatment reflects the short-term nature of a trading halt compared to a voluntary suspension."

    my advice is to clear out all one's offers and wait for the announcement.

    I think we are seeing the last desperate attempts at tree-shake.

    (All IMO - DYOR)
 
watchlist Created with Sketch. Add BOT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.