Hi JGo,
These are public companies traded on the ASX and are thus bound to listing rules which include continuous disclosure rules. Companies can't just sit on information for months and release it whenever they want to create a spoke in a share price graph.
The rules exist so that the market is fully informed (where legal and practical to do so) and investors and traders can make more informed decisions about a stock that they own or are interested in purchasing. It also helps to minimise the opportunities for insider trading.
I would suggest to you that any company that engages in the sort of activity that you are suggesting is one that is best avoided IMHO.
Here's hoping that HUN have some good news for their shareholders but personally I was hoping for the opportunity to buy in before it went into a freeze. Too late, will have to wait and see what happens now.
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Hi JGo,These are public companies traded on the ASX and are thus...
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Currently unlisted public company.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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