Suspension from quotation vs. trading halt?

[stockmaster]

Can someone explain the difference between these 2 terms? And the reason why the company implement these 2 terms. Thanx in advance!

 

[mit]

Re: Suspension quotation vs trading halt?

Are you talking about API? They went from a trading halt to suspension. Near as I could figure the halt has a maximum time (For API it was 48 hours) and the suspension has an unknown time until it is requoted.

MIT

 

[stockmaster]

Re: Suspension quotation vs trading halt?

Are you talking about API? They went from a trading halt to suspension. Near as I could figure the halt has a maximum time (For API it was 48 hours) and the suspension has an unknown time until it is requoted.

MIT

Thank you MIT, i was actualli refering to FNT, but i believe ur explanation is correct. I believe it applied to AUM as well.

 

[bratgirl]

trading halt vs suspension from quotation

Hi, I am a newbie to the forum "getting my feet wet" with a question for some of you more knowledgeable people.

Can someone tell me, what is the difference between a "trading halt" and a "suspension from quotation"?

I hold some CAZ shares and on the 2nd they called a "trading halt" pending an announcement on the 4th (today) but this morning they called a "suspension from trading" that the ASX announcement says is a "suspension from official quotation" pending an announcement. Just wandering about the different terms. Does it mean the same thing? or two different things?

thanks!

 

[bratgirl]

Re: Suspension from quotation vs trading halt?

Whoops, I didn't realise there was already a thread about this. I swear I searched. Sorry!

Thanks for the answer though, in the previous thread. And thank you to whoever merged them.