NST 2.54% $13.80 northern star resources ltd

tradining halt - acquisition & equity raising, page-29

  1. 2,122 Posts.
    lightbulb Created with Sketch. 7
    Agreed Siameseparrot. But for my own whing. Why do they get a trading halt to do the book build? All the information is out apart from the uptake of the rights issue and that is surely not enough to stop a share trading when its underwritten anyway?

    This trading halt stuff is very much Australian and sometimes I can see the point but not here. Its really just helping the underwritter who doesn't have to try and place stock when it may be falling on the screens.

    Am I missing something on that?
 
watchlist Created with Sketch. Add NST (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.