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Good Natured Products Inc. V.GDNP

Alternate Symbol(s):  GDNPF

good natured Products Inc. offers an assortment of plant-based products made all, or in part, from the maximum possible amount of rapidly renewable resources. The Company’s segments include Industrial, Packaging, General Merchandise, Commercial Business Supplies, and Services. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern. Its operations are within the packaging and consumer goods manufacturing industry. It offers over 400 products and services through wholesale, direct to business and retail channels. It also offers direct purchasing through its own e-commerce platform in the United States and Canada and through Amazon and other third-party channels. It offers consumers, business owners and operators’ plant-based alternatives to everyday petroleum-based products that are being used in homes and businesses.


TSXV:GDNP - Post by User

Comment by dileas48son Feb 10, 2021 10:04am
115 Views
Post# 32524037

RE:RE:RE:RE:I don't see a trade resumption yet

RE:RE:RE:RE:I don't see a trade resumption yet
I'm not convinced this is true.

If we look back to the Halt / Resumption on November 30 / December 1st ahead of the IPF announcement the halt was issued at 16:43 after the market was closed, the announcement was made the following morning via PR, and it included the standard note that the deal was subject to TSX approval.

The resumption was issued at 12:15 on December 1st.  

My understanding of halts / resumptions is as stated in the halt notifications:

"Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada."

Approvals are not, as far as I know, part of ensuring the orderly market.



Padu4000 wrote: GDNP will stay halted until the TSX approves the deal. I don't know how long these deals take to be approved by the TSX - hopefully someone else around here does !

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