FEA suspension extended until just after election, ie until 22 March.
See http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=FEA&timeframe=D&period=W ASX announcements 5 March and 3 March.
Since Gunns are a substantial shareholder in FEA, I suppose pre-election announcement of Govt assistance would be controversial.
http://www.themercury.com.au/article/2010/03/05/131731_tasmania-news.html also reports: “…
Meanwhile, there has been heavier than usual trading in the shares of Gunns Limited shares today.
By 11am more than 10 million shares had changed hands compared with a daily average of over the past week of 4.9 million.
The share price is up by nearly 2 per cent to 57 cents.
The market capitalisation of Gunns Limited has dropped to $366 million since announcing a 98 per cent drop in half year profit last week.”
This morning’s heavy trading appears due almost entirely to one very substantial trade.
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