Recent Trading Halts (past 18 months) called by MAY will give you a strong indication of what's coming:
31/1/22 - Trading Halt
1/2/22 - Announce Strong Oil Shows at Alameda-1
24/2/22 - Trading Halt
24/2/22 - Alameda-1 Significant Oil Reservoir Interpreted in N Structure
14/3/22 - Trading Halt
14/3/22 - Alameda-1 Independent Resources Estimate (Upper Sheet)
17/3/22 - Trading Halt
17/3/22 - Total Depth Called for Alameda-1
So we know it's going to be a positive announcement...but appraisal results in the past weren't preceded by a Trading Halt. So what's a positive appraisal result which would necessitate a Trading Halt?....hmmm...I leave that thought with you.
Ann: Trading Halt, page-47
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