GAL 0.00% 20.0¢ galileo mining ltd

Ann: Trading Halt, page-97

  1. 13,819 Posts.
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    Yeah, but was it preceded by a sell-down?

    Maybe, the TH was imposed upon HQ by ASIC when ASIC enquired about the lowering SP and was told that some assay info was imminent. In other words, make it fair for all concerned by taking trading away pending their release to the market. The volatility perhaps indicated something was not based on normal trading.

    That suggestion does not imply that the assays will be disappointing. It is just about establishing a level playing ground so no-one gets hurt.
 
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