NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Ann: Trading Halt-XTV.AX, page-535

  1. 3,437 Posts.
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    Gawd, my only problem here is trying to avoid reading all the nonsensical posts on here for another 3 days.

    A company can't win. Look at SRT, it had delays of weeks in releasing information such as it's prospectus, posters were up in arms about lack of updates etc etc.... XTV have announced a ONE day delay (they never promised an ann yesterday), kept the market informed and we are already hearing words like farcical.

    There do seem to be a lot of new investors here in this particular forum. I'm a relative junior myself but if you are one of those currently feeling angry, anxious etc, then you need to ask yourself some serious questions as to if the spec market is the right space to play in. If you don't know the difference between a TH and suspension and why orders are purged and what that means then you also need to be asking the same question.

    Currently the only information we have (other than recent history of XTV's operations) is their announcement that it is regarding customer arrangements. For this reason I'm extremely bullish. That's not to say something left field occurs or the company is making stuff up (go have a look at TON to see a good example of this). Again, if you are biting more than your nails over this ann then you are playing with the wrong stocks or over-extended yourself on this one company. Simply some advice I hope helps a few people out.....
 
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