As soon as the directors are aware that the deal has been agreed on, then they must immediately go into trading halt or make an announcement. They then take the time to properly formalise the contracts and generate an announcement to the market.
These things are best not rushed. I say take two whole days to get it done right the first time.
information on trading halt, page-24
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Last
41.0¢ |
Change
0.010(2.50%) |
Mkt cap ! $2.789B | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 41.5¢ | 39.5¢ | $14.51M | 35.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 199100 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 1264685 | 24 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |