AVX 0.00% 2.5¢ avexa limited

trading halt, page-3

  1. 1,918 Posts.
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    PGL is now in a simultaneous Trading Halt, but as of this moment, not so for Cytopia (CYT).

    Bit odd really, seeing as PGL's request for a TH specifically refers to :
    "an announcement about the Federal Court proceedings brought by Cytopia Limited ..." (see announcement 5th March re CYT seeking an injunction to prevent PGL's general meeting scheduled for 11 March).

    No manic buy or sell bids showing up yet on CYT.

    My guess is that the the next announcement will be to the effect that the injunction application has failed.

    I stress "guess".

    Absence of a timely TH for CYT certainly looks like some sort of goof-up.

    I disclose holding in AVX.
 
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