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Ann: Trading Halt Update, page-18

  1. 1,831 Posts.
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    The phrase "continues to seek feedback" says to me that we are still waiting for the answer to our original question - ie the request for formal notification of the success or failure of agenda item seeking approval for the signing of the RCA by NMDC.


    If it were a new question there is an implication that our original question had been answered and I think ECT would have been obliged to report than answer and then seek a fresh Trading Halt.


    This is an Update on the existing Trading Halt.


    I think that all it means is we have not received formal advice of the outcome of the vote.


    The reasons why could be many - not at the top of the NMDC priority list; things just take time in India, the item was deferred again for whatever reason and they are sheepish about replying...  could be anything.


    It could even be, as @hc Trader suggested, a contrivance to wipe the order book - there has been at least a whiff of this in the past on more than one occasion.


    Last edited by JustIntonation: 10/01/19
 
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