Ann: Trading Halt, page-106

Just remember the trading end of the market is buy on rumours and sell on facts.

Text book case would be

• Great news, share price will rise sharply and will eventually fall a little through out the day once the market have time to digest the results
• Bad news, share price will be hammered and close deep into the red. But give it a few days, news will be forgotten and share price will pick up again and roller-coaster will roll again until the next set of the results

It a long way off from talks of take over yet. Better off to have a few more CR and drill the heck out and define the resources then we can expect a reasonable offer.

IGO is in the process of digesting WSA as they have to up the offer and paid cash for the purchase so give them some time to recover and bank a few more dollars before making the offer.

In any case, exciting week ahead.