Not a comment on supposed cappers or insto's playing in the stock.
Also not a comment on the legalities of witholding market sensitive information but talk about a good way to suck momentum out of a stock unintentionally.
There they go with a trading halt (probably required) and we all expect THE BIG NEWS. Instead we get some still great news released but since it was not the news we were expecting, share prices loses the head of steam it was building under the TH pressure cooker and the steam just fizzles out the side, ergo loss of momentum.
I still believe in the stock (holding and topped up this morning) but behavioural traders would have a field day analysing this stock.
I reiterate that this is not a post critical of the board's recent decisions (their legal team know better than me about what constitutes implementing a TH) but it sure has deflated a potentially large break out.
Hopefully the NAME we are waiting for will get the head of steam back up again.
Cheers all
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