Chris (and ASIC)
EGZ is a canadian stock....they released the news in their market time zone (our market closed). If you subscribe to EGZ news flow we all got it via eamil at about 2am sydney time.
MGY management got it. put itself in a holt before anyone could act on it (before our open) and suprise suprise the storey is over! nothing happened.
No one made money from unknow info.ASIC can not be that slow surley? i guess they are and that is why thye look at micro cap companies and not the big boys (super funds) who have inside info every day of the week before selling to ma and pa.
Chris it was a great report and i agree i think the price of the shares should go up. i was buying post annoucement.
Ann: Response to ASX Aware Query , page-3
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