Alright so I went ahead and bought 10k additional SMN yesterday at 91.5 c . BOOMMMMMMMMM!!!!! TH today. one thing is noticeable that trading halt is requested by the company and not ASX. Company wants to give more info about the stuff in yesterday's update.
Name of personnel does not warrant a TH
Several US $ justification does not warrant a TH (as it would come from ASX not the company)
Think about the situation wherein the deal might be just closed yesterday giving a justification to increase production from 500 sensors to 2000 sensors per month. What about the situation wherein applications got approved/ revenue model oriented yesterday in the US.
Fingers crossed but I dont think it should have a negative effect on SP now. Wont be surprised if the TH goes into suspension specially if they are close to getting signature on dotted line.........
Thoughts????????
Ann: Trading Halt, page-31
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Last
63.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $86.53M | |||
| Open | High | Low | Value | Volume |
| 64.0¢ | 64.0¢ | 63.0¢ | $18.19K | 28.64K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12000 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.0¢ | 510 | 1 |
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| Last trade - 15.58pm 11/09/2024 (20 minute delay) ? |
| SMN (ASX) Chart |