CND 2.70% 3.6¢ condor energy limited

trading halt, page-105

  1. 643 Posts.
    I think the TH spanning a few days means they have run across something or have an event that needs further clarification otherwise the announcement would have been immediate.

    IF the reason for the TH spanning a few days is to do with the dst then they would have indications of something, since if there was nothing it doesn't take two days to say so, a TH wasn't necessary since the major project milestone is horizontal drill and frac.

    IF the reason for the TH over days is some other material event then it could be anything besides the above. But cant be anything catastrophic and materially bad for the project as pfc have no TH and have made no announcement regarding BKP. So that may mean the material matter could be all to do with BKP. So I suppose that could be a take over offer.

    It wouldn't be a proposed delay since they would have announced that as soon as they decided on it and called a TH.

    Seems to me the likelihood is more positive than negative. A positive suggestion from the dst, or some offer for bkp.

    BUT as we have seen TH in the past have been fairly benign affairs so it could be about a shortage of rum rashions.

    I guess it is fun to speculate. Suspect though it is going to be a frustrating road for BKP holders. lol
 
watchlist Created with Sketch. Add CND (ASX) to my watchlist
(20min delay)
Last
3.6¢
Change
-0.001(2.70%)
Mkt cap ! $20.80M
Open High Low Value Volume
3.7¢ 3.7¢ 3.6¢ $8.46K 229.3K

Buyers (Bids)

No. Vol. Price($)
2 1085280 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.8¢ 15000 1
View Market Depth
Last trade - 13.36pm 12/07/2024 (20 minute delay) ?
CND (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.