BOT 1.81% 40.8¢ botanix pharmaceuticals ltd

BOT - Anything but charting, page-10670

  1. 537 Posts.
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    It's been mentioned that there is the possibility of a Trading Halt prior to the Webinar. The chance to buy in before such a halt is narrowing in the extreme. Good luck everyone.

    I'm leaning on chatGPT here but the need for a Trading Halt can be the following:

    • ASX Trading Halts: Companies can request a trading halt for up to two trading days, which is often done before major announcements, shareholder updates, or significant transactions.
    • Continuous Disclosure Rules: Under ASX Listing Rule 3.1, companies must disclose any information that could affect the value of its securities. A trading halt allows them to prepare the announcement and release it to all investors at the same time.
    • Market Sensitivity: If the shareholder update is expected to include information that could lead to significant price movements, such as earnings revisions, major acquisitions, or leadership changes, a halt is more likely.


    Trading halts in Australia help protect investors by ensuring that all market participants have equal access to important information at the same time.

 
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Last
40.8¢
Change
-0.008(1.81%)
Mkt cap ! $770.9M
Open High Low Value Volume
42.0¢ 42.5¢ 39.5¢ $2.912M 7.091M

Buyers (Bids)

No. Vol. Price($)
15 335920 40.5¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 268797 8
View Market Depth
Last trade - 12.45pm 17/09/2024 (20 minute delay) ?
BOT (ASX) Chart
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