Ann: Trading Halt, page-7

Ruger250

PGY had a bit if a sell off in the last week or so but PGYs trading history and volumes involved say that wasn't super unusual, the fall back to 1.8 was the only issue for me that one or two parties may have had access to info coming?
Tax loss selling or the market has had a pretty shitty go of it overall lately so l wouldn't read to much into all that on balance as it may have just been someone sick of waiting for the announcement.

All of Labor have been under the pump with nuclear getting some traction which Albo would not be liking so the attacks on Dutton in the last 2 days say Labor are under the pump and looking for something to distract the masses and CCS would do just that, a positive CCS announcement then they can gloss over the LNG export announcement (which possibly is only to the WA Govs mates) while we're all bickering about the pros and cons of CCS as that would certainly change the news cycle, so politically it's in a positive area for mine.

Also TEG took off when PGY went into a halt at 3.50pm as TEG wasn't halted until after close which is strange, but again the TEG volume involved wasn't suggesting inside information either, just opportunistic punters looking at it for what it might be, or PGY players swinging across to TEG for CR reasons at PGY if successful, but l really don't know, I'd be more toward positive as they legislated it, why would you do that then deny it ?

If we add all that up, l come up with a 70/30 positive outcome, but hey..l still believe the tooth fairy is real

GLTAH