AHI 0.00% 9.2¢ advanced health intelligence ltd

The speeding ticket came 1.5 hours before market closed, MYQ...

  1. 505 Posts.
    lightbulb Created with Sketch. 469
    The speeding ticket came 1.5 hours before market closed, MYQ didn't know about it until almost end of business day. They clearly stayed back in the office to prepare the necessary response and probably confer with the relevant legal aspects so the market could receive an update on the response to the ticket same day. From my experience, this looks like ASX forced MYQ to release anything pending just because ASX is trying to kill the momentum that MYQ was clearly getting. That FA report I posted brought in a lot of buyers because the fundamentals of the company are indeed solid as heck, and the ASX simply didn't like that, they know it was a volume breakout with huge surges of new buyers coming in, they just wanted to stop it so they'd have less compliance risk and work to do.
 
watchlist Created with Sketch. Add AHI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.