PUR 20.0% 0.3¢ pursuit minerals ltd

Ann: Trading Halt, page-178

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  1. 1,851 Posts.
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    yes, so we should definitely see results tomorrow, results that "have a material effect on the price or value of the entity’s securities" (ASX disclosure obligations). Unlikely that these are the complete results as the company stated this survey will last until March or so. Hence we should see partial results. But if these partial results were inconclusive or negative, why publishing them now? Why not waiting for the full results then? To me, it seems the only explanation is that we will see spectacular first results tomorrow - because they definitely "have a material effect on the price or value of the entity’s securities". Hence the obligation to disclose these impactful results immediately. my opinion only.
    Last edited by horizon3: 18/02/21
 
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