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
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $660.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 35.5¢ | $1.112M | 3.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 370162 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 259115 | 13 |
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| Last trade - 13.20pm 19/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |