Well, if they are really good results, then the Board will surely get a dreaded letter from ASIC /ASX about when it became aware (an 'aware letter') of the results. By the smell of it, that happened during trading yesterday. If so, then trouble, trouble, trouble.....
On the other hand, it could have been (another) phone call from ASX asking if the company had any news that might explain the rabid buying, just like before with THs.
Say....
RDN: "Oh yes, results have come in from Andover South but are yet to be analysed....".
ASX: "Ok, call a TH pronto, so as to level the playing field."
Imo, this one is likely to be the former situation as the buying was the catalyst, and not the selling as it was before.
RDN Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
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