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23/05/17
17:50
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Originally posted by milesy
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Having read the 27th March ASX announcement, I believe management probably thought that nothing more needed saying and were probably as surprised as anyone that the share price fell as far as it did.
That is about as positive a slant as I can put on it.
But it is another mistake, and given the ASX Aware notice and the capitulation that was taking place, I agree that a TH was required earlier.
I will be surprised if it opens tomorrow, but would hope for the sake of investors and growers that if it is extended it comes with a clear, and potentially positive reason why it is required.
One thing I am surprised at is the lack of media attention surrounding the company. Remembering SGH's slide into obscurity, there was always negative, often leaked info that kept the the market in the know, even when the company was quiet.
Milesy
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Totally agree with you Milesy. I have been surprised about the lack of leak. That has been assuring for me because bad news usually gets found out...fast!