UNS 0.00% 0.5¢ unilife corporation

It all seems to be coming to fruition, page-37

  1. 2,061 Posts.
    I put that up on HC yesterday Periculum - it's bloody hard trying to educate some people.
    But each day someone pops up and says - I think we will have a trading halt for this reason or other.
    A TH is used basically to stop people with knowledge trading when other people don't know.

    Example:
    Company wants to do a CR - they slap on a TH - then they start phoning people who might be interested in the CR.
    If there wasn't a TH these people could use this info to trade. Unfair.
    When the CR is finished - announ made and TH lifted.

    A TH is usually a short time 3 days. Announced Monday and lifted Wednesday or sooner if the company wishes to release the info earlier. If announced during trading hour - usually a 20 min halt. Could be shorter or longer I have forgotten depending on the reaction about the announ.
 
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