“ l think there is a possibility this is not as big a deal as perhaps hoped. If they think the geological interpretation is complex and they need time to consider and advise the market, then this need not be a mega announcement”.
It’s definitely a possibility it could be just smoke like the previous trading halt.
It gets down to interpreting what they mean by “not in a position to release to the market”.
l would have thought though if the assays required complex geological interpretation then this would have all been done prior to a trading halt, and as it turns out, a complete suspension from trading.
They’ve basically put an end to spec trades which is a good thing, and the Company can get back to trading on the basis of full disclosure to the market.
Having said that, they’re really hasn’t been too much volume going through.
“ l think there is a possibility this is not as big a deal as...
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $52.73M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $78.64K | 274.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19994 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 6098 | 2 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.005 ( 5.45 %) |
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| Open | High | Low | Volume | ||
| 28.0¢ | 29.0¢ | 28.0¢ | 35427 | ||
| Last updated 12.52pm 15/05/2024 ? | |||||
| TLM (ASX) Chart |