what is this trading halt for, page-17

I think Allco have already got the extension. If the bank was going to pull the plug, they would have already done so, and an announcement would have already been released today. This trading halt just give Allco and the bank time to sort out a repayment plan.. hopefully the bank will be more realistic and give allco enough time to pay back the loan.. If a 12 months or more extension is given, I suspect share price will jump to above 30 cents and notes to $30 plus. Regardless of the outcome, it is actually good for noteholders if Allco goes into admin. As they would likely to get 50 cents in the dollar, and notes was selling for $5 prior to trading halt. If Allco get the extension, note holders will likely to get the interest payment as well as increase note price to around $15 - $30.. either way, it is much safer to hold notes than shares.