Why tell us this now, it’s like they’re trying to jump on the momentum and pump up the SP - only two reasons to do so 1. Defend against aggressive party buying a large stake of the company 2. To facilitate a capital event be it a raising or to minimise dilution from a JV or similar.
Again, you have to ask why they’re deviating from a prior minimal announcement comms model to a repetition of prior guidance before the quarter is even out...
Smoke absolutely pouring out of this one now...
AJM Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
