CCU
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0.00% 5.8¢ cobar consolidated resources limited

When a trading halt is put in place re. finance restructuring,...

  1. mjshackl
    2,026 Posts.
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    13/02/14
    13:46
    Post #: 12931114
    When a trading halt is put in place re. finance restructuring, it means that the company has started the renegotiation process with the bank, and any other potential placement backers. This is so the market does not trade in a period of extreme uncertainty, or inside information is leaked.

    So the trading in the last few days is more likely speculative.

    CCU Price at posting: 10.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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