Oh come on.. You can't compare the MYX halt and the ASB halt together...
MYX went into a halt announcing the purchase of a drug portfolio at an absolute steal....
They also stated they would be raising funds at $1.50 which was higher than their last closing price...
Based on my experience, if an upside to a guidance is going to be made then the stock doesn't go into a halt. They just announce it prior to the market opening... When a guidance is bad the stock will always go into a halt first....
Also look at the recent price drop of ASB.. That's the first indication as well...
Look at the following for examples
ALL No halt
SRF Trading halt
Ann: Trading Halt-ASB.AX, page-19
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Last
$3.14 |
Change
-0.020(0.63%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.17 | $3.10 | $1.521M | 486.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6127 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.15 | 4253 | 14 |
View Market Depth
| Last trade - 15.00pm 29/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
