The answer is in the volume spike on Thursday. Averaging around 150K a day and suddenly jumps to over 2M. Clearly some knowledge of results was getting leaked and the company has had to call for a Halt until they can properly assess and announce the results. looks to me like a rapid reaction to something; not planned...why announce a halt after hours on a Friday.....could have waited until Monday morning if it was routine.
This will either be V good or V bad,,,depends whether the 2M was someone buying up or selling out........??
My arrows point to V good....
Ann: Trading Halt , page-15
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.06M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $129.5K | 11.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2911942 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3532326 | 9 |
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| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| CRI (ASX) Chart |