Doesn't the ASX determine if something is market sensitive? Also, if an announcement materially affects a coy, then doesn't it have to be categorized as market sensitive?
Technically, I don't know what the support level for BUY is atm, but I suspect that even this "over the top" announcement will be greeted quite well, as it simply confirms progress to plan.
Looking at the DOW futures, it looks like it might be a down day tomorrow and so I am wondering if "the market" is simply doing across the board what it often does - run scared everytime there is even a hint of bad news!
Ann: Wakefield 1 Well - Update PEL 218 , page-12
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