A speeding ticket is the logical cause of the pause.
There is no letter requesting the pause from CAI
The notice is from ASX listing compliance.
Large increase in volume and price in one and a bit days.
There are lots of good reasons for this of course, - and an option exercise period usually depresses the SP, so an uplift in trading and SP this week was to be expected.
As suggested by Nomadic Investor, this gives the company the opportunity to expand on all the very good reasons for increasing investor interest. So the ASX is helping to draw attention to this (still) way undervalued explorer - soon to be developer.
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- Ann: Pause in Trading
Ann: Pause in Trading, page-19
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