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24.5¢ predictive discovery limited

The company doesn't decide which announcement is deem price...

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AlCp

26,134 Posts.

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05/03/21

12:37

Post #: 51548108
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Originally posted by Smoking ↑

@eastwest101 - it is not as black and white as you are making out.

Who decides on which results are market sensitive and which ones aren't

Look at todays announcement - do you think all assay results arrived together in the last couple of days - possibly but I doubt it......hence at what point of time was it decided they were sensitive and needed to be released.

Why were todays results even considered sensitive - everyone knows they have found some oxide material.....did the announcement impact the shareprice (answer is no so the market does not consider today as sensitive information although the company did).

Some exploration companies sit on results for months to then release them in batches so - it is feasible we might not get any further updates for a period of time......I don't think this is the case with PDI as they are desperate for a shareprice increase as otherwise they may be voted out soon.

AIMHO so DYOR

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The company doesn't decide which announcement is deem price sensitive, the ASX does.

Last edited by AlCp: 05/03/21

PDI Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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Last 24.5¢		Change 0.025(11.4%)		Mkt cap ! $508.6M

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