Although I doubt the pending announcement will be positive...and I wish those currently holding all the best...it may just present a trading opportunity should the market...as it tends to do...overreact and significantly sells this down to what maybe considered to be "way oversold levels".
Pursuant to ASX Listing Rule 17.1, Bapcor Limited (ACN 153 199 912) (Bapcor) requests the immediate implementation of a trading halt in its ordinary shares (ASX Code: BAP).
Bapcor provides the following information for the purposes of ASX Listing Rule 17.1.
(a) The trading halt is requested pending the release of a trading update by Bapcor.
(b) Bapcor requests that the trading halt remain in place until the earlier of:
(i) Bapcor making an announcement to the market regarding the trading update; and
(ii) the commencement of trading on Thursday, 2 May 2024.