Clinuvel Pharmaceuticals (CLVLY)

[contrarian bull]

It is up a bit today. I'm not finding any news here except a request for a trading halt. It does not seem to be halted here in the US yet. Up $1.91 (24%) so far.

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Pursuant to Listing Rule 17.1, Clinuvel Pharmaceuticals Ltd (CUV) requests an immediate trading halt with respect to its ordinary shares listed on the ASX. The trading halt is necessary as CUV proposes to make an announcement to the market regarding a regulatory submission for its drug SCENESSE®.

CUV requests that trading in its securities be halted until after the expected announcement is made or until the commencement of trade on Tuesday 26th June 2018, whichever is the earlier.

CUV is not aware of any reason why the trading halt should not be granted by the ASX nor is it aware of any other information that is necessary to inform the market about the trading halt.

Does anyone have Level 2 on this one ? Interesting day. Halted in Aus and Germany but not here in the US. Strange move by management.