That last trading halt for BHP South Flank was called at 9.07 on July 18, 2018 and the contract was announced at 3.39 pm the same day.
Looking at history - at the BHP and a previous RIO halt I am thinking it may be a case of ‘size doesn’t matter but the ‘other’ does.?’
In recent years halts prefaced news of the Golding acquisition, a capital raising and a RIO contract ...not such a huge fish of a contract but as Josh no doubt said at the time - sweet and tasty.
Here are the details
The halt :
Followed late the next day by news of the RIO Yandicoogina contract award - value $40 million
- Release Date: 12/12/16 10:06
- Summary: Trading Halt
- Price Sensitive: Yes
- Download Document 115.18KB
- Release Date: 13/12/16 14:18
- Summary: Yandicoogina Contract Award
- Price Sensitive: Yes
- Download Document 34.16KB
Cheers
That last trading halt for BHP South Flank was called at 9.07 on...
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