The board are a lot smarter than you are, they're a hell of a lot smarter than me too, just remember that A trading halt during an 2000 point economic crash in Europe, a 500 point crash in the ftse, a 300 point crash in the asx200, all during the most volatile week leading to the US election where money floods out of small cap holdings? Sounds like a brilliant idea to me.
The legal implications of the SPA are also a lot more complex than 'business as usual'. The SPA is the reason I invested into BUD on May 5th, and the fact that CTN are disputing the non-use of the facility is far from surprising given the facility was for 40% of the market cap at the time. There is no rush for shareholders, the longer the halt the better!
BUD Price at posting:
5.9¢ Sentiment: None Disclosure: Not Held
