IMO Guys why not just announce it.If they already have the info release it.Regardless of how good or bad it is really does it matter. C`mon have faith in the market to respond accordingly, dont you think the market is looking for some real good news to put their money into especially at 01. With all the hype that will go on in the next few days speculating how huge it will be for the SP and the announcement is just a standard update that a contract has been signed is not good. If you read the daily announcements from other companies similar to STI and the response is zero It wont be good for the companies reputation. Yes I accept the view that todays bloodbath is not a good time and maybe a move in the view of gaining maximum rise in SP but again is it news sensitve enough to justify a trading halt If it isnt the same result will occur(imo).
STI Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held