Guys, I tend to agree, that in the normal market course, you dont announce a Trading Halt just to revise guidance. You just come out and make the statement! I would hazard a guess, somewhat hopefuly, that it is either; 1) Sumitomo wanting more to average down and given it already has a 20% stake, it needs to be a full takeover; 2) Another overseas giant wants some action, or 3) (more remote)that Sumitomo is selling down its stake, taking a loss and running for the Tokyo hills! The SP has been hammered sonce the cap raising and even with bad news, much has been factored in IMO. Good luck to all.
Ann: Trading Halt , page-21
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Last
$3.85 |
Change
0.010(0.26%) |
Mkt cap ! $1.474B | |||
| Open | High | Low | Value | Volume |
| $3.84 | $3.92 | $3.82 | $5.101M | 1.321M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1448 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 4346 | 1 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| NUF (ASX) Chart |