Skip to content
STOP-03

Austin Metals Ltd (ASX: AYT) has announced a trading halt

Austin Metals Ltd (ASX: AYT) has announced a trading halt.

There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.

Austin Metals Ltd has requested the trading halt in connection with a capital raising to be undertaken by the Company.

Trading halts are typically enacted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch or due to regulatory concerns.

Halts may also be triggered by severe down moves, in what are called circuit breakers or curbs.

The trading halt will remain in place until normal trading commences on January 27, 2022 or when the company announcement is made.

See more stories like this

download-the-app-today
0
    0
    Your Cart
    Your cart is emptyReturn to Shop
      Apply Coupon