Posts Tagged ‘suspend trading’

Macarthur Coal in trading halt

Wednesday, March 31st, 2010

Trading in Macarthur Coal has been suspended at the request of the company, which has been approached by a third party regarding a possible takeover.

The halt will last until April 6, or until an announcement is made to the market.

Yesterday Macarthur, (the world’s largest producer of low volatile pulverized injection coal for steel making) confirmed its full year sales forecast, which was unaffected despite fears of the potential impact Cyclone Ului threatened on its Dalrymple Bay shipments.

Macarthur Coal Share Price Chart

Macarthur Coal
ASX Code: MCC

Chart source: Rapid Trader. Get free live ASX price data in Rapid Trader until December 2010!

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ASX suspends trading for 13 companies

Tuesday, March 2nd, 2010

Thirteen ASX-listed companies have been suspended from trading by the ASX, due to missing Friday s deadline for lodging first-half accounts.

  • Safety Medical Products (ASX: SFP)
  • Macarthurcook Property Securities Fund (ASX: MPS)
  • Macarthurcook Industrial Property Fund (ASX: MIF)
  • Byte Power Group (ASX: BPG)
  • Healthzone (ASX: HZL)
  • Green Invest (ASX: GNV)
  • Medic Vision (ASX: MVH)
  • Frankland Olive Company (ASX: FLR)
  • Datamotion (ASX: DMN)
  • US Masters Holdings (ASX: USH)
  • Autron Corporation (ASX: AAT)
  • Palamedia (ASX: PMX)
  • CEC Group (ASX: CEG)

An ASX spokesman said this is a better result than last year, when 20 companies failed to get their homework in on time.

Ten of the thirteen lodged statements explaining the delay, and when they expected to have to financial results ready.

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