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Genetic Technologies Limited Message Board

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  • ericvondr1 ericvondr1 Jul 12, 2011 12:45 AM Flag

    No company announcing a stock offering has ever been halted a couple days

    15 dollars plus could happen after it starts trading then with that news

    • that might be why the requested the halt

      pretty obvious something leaked

      if the stock wasn't halted, we would have opened up tomorrow + 2 dollars or more given it was up 26% in austrailia

      that would have pushed the buyout price up another 26%

      now, the stock is fronzen at $10, pending the talks; buyout at 15 or major partnership with one of the big pharma's buying in or an outside shot of one of the big pharma's settling their lawsuit

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