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suspension from quotation ?

Discussion in 'Shares' started by TheCamel, 10th Sep, 2007.

  1. TheCamel

    TheCamel Active Member

    Joined:
    13th Aug, 2007
    Posts:
    30
    Location:
    Canberra
    So, I tend to read all the announcements on the ASX page, and found this one:

    OMC 2:57 PM Suspension from Official Quotation.

    Basically it says OMC will be suspended from quoting due to compulsory acquisition notices.

    Am i right in thinking this basically means that someone is acquiring OMC ?
    A suspension from quotation is different to a trading halt isnt it, and i could still buy, if i chose ?
     
  2. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,396
    Location:
    NSW
    Delisted - Suspended Companies
     
  3. TheCamel

    TheCamel Active Member

    Joined:
    13th Aug, 2007
    Posts:
    30
    Location:
    Canberra
    thanks tropo