Still suspended in London, not suspended in Australia. No announcement from the Company. 2 bad and 2 nice guesses as to the suspension : 1) Legal action taken against the Company; 2) Problems with the new management.
But in both cases, why no announcement ?
3) Take over bid.
Here one could understand why still no announcement, as management and the Board will have to come up with a recommendation to the shareholders.
4) Found oil or gas.
But in that case, why no announcement ? And a bit too early, I think.
TPT Price at posting:
21.0¢ Sentiment: ST Buy Disclosure: Held