on reading asf's retuers article closely,it appears that the halt is due to the fact they may consider revising the IPO pricing based on the results at maruja ..thats what i understand of it anyway... anyone else ?
"The pending drilling results could lead to a short delay in pricing on the initial public offering of Karoon's South American unit Karoon Petroleo & Gas SA, which had been due to be set in Brazil on Wednesday, a source close to Karoon told Reuters."
trading halt, page-41
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