Originally Posted by
Cyclical
If we were to set aside for a bit any notion that those at the top are pretty good at engineering things to avoid scrutiny regarding insider trading (eg cashing up at ~21 bucks with impeccable timing), and that this information bringing about the halt has genuinely only recently come to light (ie it wasn't apparent at AGM time), then the one thing in the public domain that has really amped up since that AGM would have to be the CN AU trade war.
Now if the Chinese were suddenly whacking big tariffs on dairy, then I imagine that would be in the public domain as soon as ATM knew about it, if not before. Likewise with C19 infected batches, or shipments being blockaded because they've come from AU (we'd have heard about it already). The Daigou channel is buggered, but we already knew that...perhaps it's got worse, but that shouldn't be a surprise to the board. Maybe logistics are in a bad state and they are having trouble getting the product to the market, again this is something that surely hasn't just become apparent since the AGM. Regarding competition, well that's nothing new.
So what really is the big deal, some new hindrance we've not yet heard of, or is it just a culmination of all of the above and simply the number 2 downgrade in the standard Balance trifecta? If the latter, why such a long halt though?
I don't know, but given the length of the halt and the fact none of the above is really news, I tend to think that it may be a new challenge we've not seen to date.