NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Ann: Suspension extension-XTV.AX, page-23

  1. 172 Posts.
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    One can say that the situation at xTV is rather dynamic with changes in goal posts everyday as it is understandably in a transition period where they're turning their R&D / production into sales especially when most of the business being done is half way round the world with time differences. Whatever changes are going on, its best that this stock stays suspended to prevent insider trading and unwanted speculation. People can say "management is a joke" but as a holder I'd rather them take as much of their time to nut out all the deals properly rather than release half cooked announcements that end up burning existing and potential future shareholders. It's understandable that it's mainly traders who are most frustrated as they can't buy in or sell out. But one thing is certain - if the news is positive, holders will make a tonne while non-holders will be left out in the cold. Stay positive
 
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