@Greenflint - that might not be an option for RMS under their continuous disclosure obligations. If a company had information that wasn't posted in a timely manner it could result in some very harsh actions against the Directors (and with good reason).
Also if the information is known to a few people then they could trade on the information (human nature been what it is) would result in these individuals having an unfair advantage and making plenty of money.
The trading halt didn't help either - people who anticipated good things would have been disappointed with the news and people who were expecting bad news had enough time to set themselves up for sale when it opened.
I think the ideal scenario would have been to break up the announcements - get all the bad out first and a day later bring in the good.
My view is RMS is a good long term prospect - I'm not expecting a multi bagger but definitely think it will cross the $1 within next year.
GLTA
$1,000 margin, page-27
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Last
$2.05 |
Change
0.010(0.49%) |
Mkt cap ! $2.347B | |||
| Open | High | Low | Value | Volume |
| $2.08 | $2.11 | $2.04 | $6.948M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12337 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 4000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |