Why would you want to put it into a TH for an indefinite period? A billion dollars of stock that cannot be traded - would surely cause hardship to some holders who find that they need to sell some for whatever reason. The ASX is a market; investors have every expectation that they should be able to trade.
Then what happens if the news is eventually bad. When it re-opens it does so at 10c. Where is the justice in that?
And if the news appears good - after all the shenanigans so far, who will believe that it is finally over?
so where to from here?, page-12
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 26354 | $6.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 3758 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |