In this case it would be
- trading request received from TPD
- pausing in trading (while ASX reviewed request)
- trading halt enforced
Is that you understanding too? Quite interested in the actual mechanics of this process.
On reflection, given they are in the middle of SPP, and the wider market is pooing itself, and sophisticated investors from the recent CR might be jumpy too, I wouldn't be surprised if the company was looking for any legitimate reason to enter a trading halt (to lock the price in at 0.008 for a few days). But one of the horses bolted just before they could slam the gate shut (so to speak).
