Well, page 3 of the Trading Halt mentions a SPP will be undertaken as well. I hope that the entitlement date for the SPP PRECEDES the Trading Halt.
It would not be good for existing shareholders, that "johnny-come-latelies" might have the opportunity to buy on market NOW just to grab SPP shares.
I am really hoping that the shares trade ex-entitlement when the Trading Halt is lifted.
Coop
trading halt, page-2
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$2.74 |
Change
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Mkt cap ! $481.6M | |||
| Open | High | Low | Value | Volume |
| $2.73 | $2.80 | $2.70 | $1.473M | 534.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 416 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.81 | 2500 | 1 |
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