vinn
The ann states "The Company requests that the Trading Halt remain in place until the earlier of an announcement to the market regarding the above, or the commencement of trading on Wednesday, 6 December 2023."
So two days is the maximum before they would need to "suspend" the shares from trading. They can release an announcement anytime (e.g. tomorrow morning or theoretically even this afternoon) to end the TH and resume trading.
I note that GHY also went into a trading halt "regarding exploration results" for Ramsay 1 on 30 Oct with the same max two day request but actually released the ann (with positive results) the next day and resumed trading then.
Ann: Trading Halt, page-15
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Last
88.0¢ |
Change
0.045(5.39%) |
Mkt cap ! $67.46M | |||
| Open | High | Low | Value | Volume |
| 89.5¢ | 94.0¢ | 87.0¢ | $312.6K | 350.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 29158 | 4 |
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| Last trade - 15.39pm 09/08/2024 (20 minute delay) ? |
| GHY (ASX) Chart |