Zentek Ltd V.ZEN

T1 Halt

[BelieverCo27]

No "news" but up over 200%. T1 halts typical under this scenario and yes, unfortunately, shorter seem to have found us on their menue :/ ZEN may very well have halted because there is NO NEWS,....yet. Earnings report later this month and really good stuff coming. Everyone hold on if not great at resume. GLTA, Including me!

[tturner617]

Forget the earnings rept as being a trigger....don't even think sales so far are beyond "petty-cash".  Most of the graphene/GO/ink are going out the door as "in kind" grant contributions to univ research labs.

[BelieverCo27]

Zactly. So. No news, hence halt. Will go down before up again, IMO. But its going to go up big .... Too many irons in the fire for it not to! :)

[Alex1967]

It was halted pending news. The company will not release good news on a Friday afternoon. The news will be released either before market open om Monday or during the day. The news should be very good; the price action is telling you that oit is very positive, someone knows something.

[BelieverCo27]

As a big fan and SH, I really hope this is true. Just don't want any of us to panic if it was a *common* T1 halt that responsible companies *often* put in place when they see a 200% raise in SP with NO big news, from them. "Pending News" is *often* a statement from the company....stating as much, when they see undue spikes with zero planned, imminent announcement. This protects loyal

[Alex1967]

The level 2 this morning bid/ask at $1.98.  The stock will open much higher. The company halted the stock for a big announcement. Hopefully it is a partnership with a major producer.

[steakhouse]

Alex - I agree.  But it really is going to depend on what the news is.  If it is a revenue/partnership and/or CA Health approval it will sky rocket.  If it is anything less I think we backtrack. Steakhouse

[gryphons]

has the halt ended yet