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Ann: Rowlands Metalworks Purchases Arcemy Module, page-18

  1. 52 Posts.
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    What is the big deal of it and why is it price sensitive?

    Is it normal for a listed company of market cap ~$68m to make a price sensitive announcement of getting a sale of 1 unit of only ~$400K?

    Then suddenly the people chased it up at the beginning of the market up almost 10%, ie, $6,800,000 increase of market cap, for selling a product, at just ~$400K. Doesn't make sense.

    If this is the case, I believe many listed companies will be very busy as they need to file a price sensitive news every few days for selling a product to a new client.
 
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