Postmedia???Hi All,
The following happened this morning and then was lifted a couple of hours later with the shares trading at $3.50 - an increase of $1.65 albeit with not significant volumes. Not sure what to make of this lunacy.
The following issues have been halted by IIROC:
Company: Postmedia Network Canada Corp.
TSX Symbol: PNC.A (all Issues)
Reason: Pending News
Halt Time (ET): 11:21:00 AM
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. 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.