YFI Halted....Possible Considerations?Just thought that I would add my opinion to the conversation in regard to the halt.
1. I don't think that there will be any news, regarding any material changes related to the halt, until at least Tuesday as the US markets are closed due to the Martin Luther King holiday. US Markets reopen Tuesday for regular trading.
2. Investors could well rule out a possible sale of the company to Baylin, ticker symbol BYL, as has been bandied about in previous posts as BYL has also not been halted and is trading within it's general trading range and was only up about $0.10 in regular trading on an up day in the markets.
3. The halt could be related to the company's application for it's US listing though that may be a fairly weak justification for the halt.
4. AAPL had delayed it's release of it's version of the GOOGLE mini and Home Pro, etc. for the home. The name of the product escapes me at the moment. I seem to recall in YFI's most recent company presentation the photo of the housing subdivision and the caption 'coming to a home near you' or words to that affect so maybe that is the F500 company project that they have been MUM about. AAPL could be preparing for an announcement come Tuesday once the US markets have reopened. AAPL needs a home-run with this new product launch and a product that is unique to the market that will boost sales for the company and help them take back market share from rivals Samsung and GOOGLE.
5. The halt could be related to their progress with the F50 company or the F5 company projects as well.
What ever the reason, for the halt, investors have been chomping at the bit, for some time now and are now finally, waiting patiently, at the post, for the bell to sound and the horse race to begin. If there is finally, definitively, good news, then the horses will be exploding out of the gate and there will be a lot of winners crossing the finish-line. It will have been well worth the wait and the pain over the last few years.
Hang in there.