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Trading halt
$Seatrium (S51.SG)$ Anyone knows what is happening to Seatrium that call for trading halt?
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103902745 OP : Last month there is a news report about Seatrium.
Seatrium’s H2 loss widens to S$1.7 billion, proposes 20-to-1 share consolidation to axe ‘penny stock’ status
103902745 OP : Does anyone know what does it means by proposing 20-to-1 share consolidation to axe ‘penny stock’ status?
LC5373 : Mayb not enough money to continue operation that’s why suspended
bullrider_21 103902745 OP : Because price is cheap, so people treat it like a penny stock.