THalt because of the rules of the asx....
This is to prevent inside trading....
Got to follow the rules.
We could open on Monday if ann comes but the wording said
" TRADING HALT
Good Morning,
For your information, please be advised that Mutiny Gold Ltd has requested a Trading Halt pending the release of the Bankable Feasibility Study on the Company's Deflector Gold Copper Project.
It is anticipated that this announcement will be made to the Australian Securities Exchange open market on Tuesday 3rd July."
Now what does this mean.....announce to the open market?
By the rules of the asx if a TH takes longer than 3 days the sp goes into suspension. So either way news at 10am tuesday will happen....
If the US and euro are up tonight and no bad news events on the weekend, Id prefer to open on Monday morning.
On the financing issue.....the company I am working for makes over 100,000,000 every day.....wonder if they would finance Mutiny? Hmmmmm
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