Ann: Response to ASX Price Query, page-28

  1. 8,336 Posts.
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    It is quite revealing, IMO, that the company is submitting its interim data for peer review. Doubt they would do that (knowing what the data shows) if it falls short of expectations. I find ASX "speeding tickets" to be totally random, which has me suspect that someone with a vested interest in arresting the momentum in the price action alerts the ASX to it. In other words, sell into the strength before killing the sentiment for the day or week with a "please explain" notice. We still have 3 days of trading before the data is released, so I wonder if the buying will gradually resume.

    This is what Chatty offers uip on the subject of peer reviews and the possible strategy behind it:-

    https://hotcopper.com.au/data/attachments/6655/6655823-b818d219159082d326dc4113d334fd97.jpg
    Last edited by Shellbell: 04/12/24
 
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