AR9 1.32% 7.7¢ archtis limited

Ann: Reinstatement to Official Quotation, page-14

  1. 5,496 Posts.
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    Ah, right on cue, before the reality hits, the unbridled, irrational optimism displays itself.

    If there's good news coming next week it'll almost certainly be before 10AM on Monday. Without it coming before open, the price will tank (which is probably what will happen). If they then released news, it would reek of dirty games being played (knowingly releasing news which would jump the price up shortly after they knew the price would tumble). It wouldn't be technically illegal or anything, but it would be a very, very bad look and that's the last thing they need at the moment.

    To hope for 40c next week... good grief, all you're doing is setting yourself up for disappointment. 10c is more likely than 40c within a week. You're almost certain not to see 30c for quite a while.
 
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