I don't think its a speeding ticket dhinh.
I think having a top 3 shareholder sell out may have forced their hand:
- either because they are suspicious about a hostile takeover.
- a (future) farminee or insider is acquiring stock cheaply prior to publication of major deal, raising potential accusation of insider trading down the track.
Having a major shareholder sell out (@ 22.5 cents) after a brief run up will spook any CEO. Calling a halt is the prudent thing to do.
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