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it's so long since i had to take notice of this sort of trading halt that i cant remember the implications! i presume that a trading halt and then the behind-the-scenes bargaining has fewer negative effects on the sp than mfs dumping the lot on the open market.
is there a rule that governs whether a trading halt is necessary?
just remembered -- i was offered a bucket full of npx years ago when there was a 'distressed seller'. the market price dropped to around the behind-the-scenes price, maybe 172c, and then pulled away merrily for years.
it would be wishful thinking to imagine thl 'pulling away merrily for years'. cheers.
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