RRL 1.79% $1.92 regis resources limited

Ann: Pause in Trading, page-33

  1. 15,157 Posts.
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    They're saying trading halt till Tue. What they will do, is digest the information and then slip the info. out to, likely the Australian.
    Based on feedback from major players who will be on the phone over Easter. They'll tailor the announcement to the market On Tue.
    All of which is better than some AH leaking the info before the halt. I think there has been some leak here anyway.
    Look at it this way the info came for a Govt office in NSW. Want to take odds on them behaving strictly ethically? Now I'm saying this in light of the two government grants of finance for ARU & ASM in the last few weeks.

    I'm not a genius savant, not even great on EQ but:
    1. some people can't help themselves getting a freebie
    2. the politicians one-up each other on trying to get Kudos for what happens as part of routine business.

    I think it's not as bad because the thing dropped today. The governments are under desperate pressure to give out some go-aheads because they have absolutely F'd it on gas and power ( and likely quite a few other things, but you can argue those).

    All IMVHO.
    Last edited by arsenic: 28/03/24
 
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