BIT 5.26% 2.0¢ biotron limited

Ann: Trading Halt, page-272

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  1. 3,586 Posts.
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    These THs are strange things, I can understand when the ASX puts a TH on a company (IE for false declarations, insolvency, criminal activity), this makes sense. Also for a company to ask the ASX for a TH (IE for new price sensitive information that everyone should have a reasonable chance to view, familiarise themselves with then make a decision as to what they want to do once trading resumes) -- also makes sense. But in this case Biotron has asked for a TH on Friday but has not offered to the SHs the relevant announcement for it, the result being wild excitement & rampent imagination, but nothing to actually analyze so what, I ask you, was the point of it?.
 
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