Given what was happening with the trading they had little choice...

Given what was happening with the trading they had little choice but to request a trading halt, otherwise the ASX would have halted them anyway.

It's still a positive announcement. Production is underway and they are looking into the distribution of the product. As others have mentioned, its still only a $12m company.

Won't be at all surprised to see it open above 2c tomorrow, but at the same time, it could also fall if the big buying the other day was in anticipation of a more significant announcement than the one that was delivered.