BIT 4.76% 2.0¢ biotron limited

$30 Billion Deal, page-3453

  1. 8,458 Posts.
    lightbulb Created with Sketch. 1204
    Then there's reality.
    In reality many companies get their results far before news is released.

    Many mining companies for example literally take months to release results.

    Even when results are received they do not go into a trading halt.
    They then have to write it up in a shareholder friendly format,
    To make it understandable to normal people,
    Add the companies headers and footers, Etc.

    Often things like Images and,
    Graphs are also added and created,
    To give a visual representation of the data,
    From the bulk information provided to them by the labs at this time.

    After all that all the information has to be checked,
    And double checked,
    Only then is it released to market.
    Even then they may chose which day is best for them to do so.

    So it takes as long as it takes really,
    We do not actually know if they have received any results from 3rd party labs yet.

    So while an update like that would be nice,
    they do not have to make a Announcement when they get results.

    Hopefully it all happens fairly soon though,
    Always expected it could take around 3 months,
    Which isn't that far away now.
    Or is better to wait till the break is over....
 
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