Novartis deal on the rocks, page-118

I'm as certain as you no-one knew anything until the trading halt. My 2c would be to limit exposure until after Novartis decide what to do and maybe buy back in if they decide to pursue further study.

Just out of interest I checked the top 20 holders. Mostly nominees except for a SI and maybe a handful of people's super funds.

C. Twenty Largest Holders of Quoted Securities
The names of the 20 largest shareholders of each class of quoted equity security as of 2 October 2020 are listed below.

Rank Name No. of shares held % of total shares

1 J P Morgan Nominees Australia Pty Limited 107,438,069 18.32
2 HSBC Custody Nominees (Australia) Limited 103,290,771 17.61
3 Professor Silviu Itescu 67,751,838 11.55
4 Citicorp Nominees Pty Limited 13,318,990 2.27
5 UBS Nominees Pty Ltd 11,101,280 1.89
6 National Nominees Limited 10,653,027 1.82
7 Independent Asset Management Pty Limited 7,870,558 1.34
8 BNP Paribas Nominees Pty Ltd 6,203,700 1.06
9 Merrill Lynch (Australia) Nominees Pty Limited 6,084,737 1.04
10 BNP Paribas Nominees Pty Ltd 4,986,283 0.85
11 Dalit Pty Ltd 4,828,839 0.82
12 Mr Gregory John Matthews & Mrs Janine Marie Matthews 3,956,219 0.67
13 CA Third Nominees Pty Limited 3,832,425 0.65
14 Dalit Pty Ltd 2,195,000 0.37
15 Citicorp Nominees Pty Limited 2,077,360 0.35
16 Kentgrove Capital Pty Ltd 2,000,100 0.34
17 BNP Paribas Noms Pty Ltd 1,908,014 0.33
18 HSBC Custody Nominees (Australia) Limited-GSCO-ECA 1,784,018 0.30
19 LALP Pty Ltd 1,647,144 0.28
20 BNP Paribas Nominees Pty Ltd 1,645,043 0.28364,573,415 62.15