Hi @SudMav and happy new year all!

You've done nothing wrong, but it looks like trade was suspended for JHPI on Jan 2 pending an announcement.

Looking at commsec, there have been no trades since then. So you'll have to wait until trade resumes for JHPI.

Let us know if I've missed something.

All good mate. There was about 100 shares that traded yesterday on commsec app which now seems to have disappeared but still shows in last traded.

appreciate your quick response @Strawman and I’ll be more patient for trade to recommence

There were 92 JHPI shares traded on Chi-X yesterday @SudMav and @Strawman - as shown below - first Commsec (which shows all ASX plus Chi-X trades):

And next the ASX website showing zero trades since 31st December:

So - not suspended @Strawman or in a trading halt - just heaps low liquidity - they often do not trade at all due to the low demand (low liquidity) and in this case have not traded on the ASX since December 31st.

The problem @SudMav is that this site (Strawman.com) relies on data from S&P Global, and they either do not include Chi-X trades or else often miss Chi-X trades. My guess is that they use ASX site data which as you can see above does not recognise those Chi-X trades yesterday.

Even if they did recognise those trades, only 96 shares traded hands yesterday, so only part of your order would have gone through @SudMav due to the volume matching rule here - i.e. you can only buy or sell an amount of shares equal to the volume traded on the ASX on that day.

So, yes, patience is required, and it's also a warning to other Strawman.com members to beware of super-low-liquidity companies and funds that trade on the ASX - sometimes they can be like lobster pots - easy enough to get into (when there is some volume) but can often be hard to get out of (when there is bugger-all volume).

ah, good sleuthing @Bear77

I went off this announcement from the 2nd of Jan, but i guess the updated distribution notice was the pending announcement referred to.

A trading pause typically lasts less than an hour (but can be longer) and is called during the trading day to allow a company to "announce important news or where there is a significant order imbalance between buyers and sellers in a security."

A trading halt can last up to the end of the following trading day, but not longer, so usually if it's going to take longer than 30 to 60 mins, a company must request a trading halt (instead of a trading pause, trading pauses usually being enforced by the ASX themselves when they require some quick clarification or the company has notified the ASX that they are about to announce something material), and if that halt needs to go beyond the end of the following trading day, the ASX will roll them into a trading suspension, which can last as long as they like.

In this case it seems that the ASX were not happy with the three revisions to JEPI's distribution schedule and the fact that the last one that was lodged just before the trading pause was still "Estimated" (in the heading at the top of the far right column of the first table) despite the ex-date previously being that very day, but being moved to the following day in JEPI's notice. The ASX were likely also concerned with that very late change of the ex-div and the record dates.

I don't think the ASX were happy with the following two notices after the trading pause either, as both were "estimated" also. The final one, at 2:43pm on that day (2nd Jan) had the word "estimated" removed and the numbers had indeed changed, and so had the ex-date and the record-date, which seems to have satisfied the ASX's concerns, but seems like fairly sloppy work by JEPI.

In my experience, it's the ASX that places companies in trading pauses, and usually only for a short time on a single trading day. If a company wants their trading paused, they have to request a trading halt.

And it would be great if S&P recorded ALL trades eh?!? For both the ASX and Chi-X. The whole idea of allowing Chi-X to operate here was to open up competition and try to keep fees lower by presenting the ASX with a competitor, however it causes confusion at times, particularly when a share price moves up or down based on Chi-X trading and S&P refuse to acknowledge that, as happened with one of the companies (AHC) in our Strawman high conviction portfolio at the end of November when I was setting up the portfolio in Sharesight. (Sharesight also appear to use S&P Global for their data which often does not include Chi-X trades).

Sorry for late reply. The alerts for forum posts is still a bit buggy. A company needs to have at least 1 share traded before a position can be closed. This stops people adding/removing stuff when stocks are suspended, or there is no bids/offers in play. This was probably why invocare took some time to close

Hi Advent. To add a stock, just click on the plus icon (+) on the top right of the relevant company page, or where you see it on a company list. It will be added at the next market close. Good luck