APX 6.00% $1.06 appen limited

Ann: Pause in Trading, page-14

  1. 12,180 Posts.
    lightbulb Created with Sketch. 1297
    ASX has two rules -

    IF & WHEN a stock falls 99% from it's high, DO NOT INTERRUPT the carnage as it is "market discovers the price"

    but God forbid that same stock rises 30% in a day, send out a SPEEDING TICKET to make sure the run is halted asap - the "Market discovers the price" strategy now goes for a toss...

    let's see what this notice is for, has to be a speeding ticket imo
 
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