I agree Zmans. Iran/ stop losses and the fact many traders were expecting a company changing announcement ... that didn't eventuate.
Anyways, I personally don't think there is any reason to stress. I had a look a Perth Basin O&E stock I held last year to checked the timeline and from completion of well to flow testing and there was between 4-6 week before flow tests were announced. So I would say using that timeline, end of January will be ANA's time in the sun. I think it's also important to consider that these companies will remain very tight lipped regarding sensitive information, so I don't think news will be drip fed. Trading Halt on 27th of Jan is my prediction.
P.S I am fairly confident on this. I have done a lot of reading and am happy to back my research. If I had more available funds I would happily buy another parcel. DYOR!
Ann: Siciny-2 Appraisal - Completion of Flow-Back Through Casing, page-322
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $9.665K | 1.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 8153126 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 5472839 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| HHR (ASX) Chart |