I imagine the halt has to be worded in a very neutral way so as to give no indication one way or the other. I don't think we can read anything into the wording.
I also wondered about a simultaneous T/O bid. There could have been someone in discussion with BOT for a while with the idea that they will make a T/O bid upon approval but before trading begins/? ....or is that virtually insider trading.?
Ann: Trading Halt, page-172
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Last
34.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $627.0M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.5¢ | 34.5¢ | $1.070M | 3.066M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 194068 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 116666 | 8 |
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| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| BOT (ASX) Chart |