What happened the last time LTE halted its stock?Hi All,
Well haven't we been on a rollercoaster ride.
I must say I've been very concerned about recent developments. I invested on all the hopes of great growth (new contracts and new Telco's). This recent halt got me worried that this stock is going to the garbage bin.
However, there is some hope. The last time I can see that LTE requested its stock be halted was on October 22. The next day on October 23, LTE announced its $20M new contract with CF.
What is more likely is that this could be some kind of restructing announcement given latest annoucnement. "Lite Access will partially resume its UK operations as we implement a number of changes and initiatives to make our current build activities more scaleable and sustainable." It would seem logical that this next press release is regarding these changes/initiatives.
Either way, Carlos is expecting the stock to more signficantly, up or down. Fingers crossed for good news. GL longs