IBX 3.23% 3.0¢ imagion biosystems limited

Ann: Trading Halt, page-71

  1. 27,631 Posts.
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    If i was going to plan and execute a placement over the following week, i would want absolute price stability.

    I lock the sp into a halt, the sp is frozen at 6c. There is no insider leaks that scalp the sp lower, and therefor destabilize the book building of the placement.
 
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