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Good Natured Products Inc V.GDNP.H

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 engineers and distributes a diverse range of bio-based products across various sectors, including grocery, restaurant, electronics, automotive, and pharmaceuticals. 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.H - Post by User

Comment by dileas48son Dec 01, 2020 9:31am
114 Views
Post# 32008374

RE:RE:RE:RE:RE:RE:RE:GDNP Trading Halted?

RE:RE:RE:RE:RE:RE:RE:GDNP Trading Halted?
In my limited experience the halt is put in place because something has leaked, or there are concerns something might leak.  The lack of a resumption suggests that the final paperwork for whatever is happening isn't finished yet.  

I've even seen halts like this extend into a day or two.  If this does include an acquisition it wouldn't be uncommon for the details of a transaction to take time to wrap up.



jermoguy wrote:
I don't understand the trading halt at the end of the day.  I just checked the Good Natured site and there is no announcement or news, and the market today (Dec 1) opens in 5 minutes.  If trading resumes on this stock, what was the point of halting it yesterday?  And if trading is still halted today, why not release the news pre-market open?  Is this normal?


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