NWE 0.00% 5.6¢ norwest energy nl

tight pennant breach, page-18

  1. 72 Posts.
    Freehold - my understanding of the Thursday "updates" was that they would occur as a matter of course throughout the life of the fraccing program, but material news (which I would interpret as "price sensitive") would be released as soon as it was known.

    If I have understood that correctly, then it would follow that I also doubt news leaking would be driving today's action. Similarly, if everyone else shared my interpretation, then the price would not be moving in anticipation of tomorrow's update.

    Anyone have a different take?

 
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