Very strange language to use .... there again its Antares!
I see some are speculating that it is to do with some of the recently drilled wells. Personally I can't see this being the case. After all Antares own 100% of these wells, so totally control the flow of information on them. Besides there have been good results in the past which didn't require trading halts for 2 days!!!
So it is either going to be about the sale of the assets themselves, perhaps a new buyers has appeared on the scene or about purchasing a new asset for Antares going forward. Or are they going to start another large share buyback program.
During this time the shares continue to trade in the USA, which is totally unfair on ASX listed shareholders.
Whatever comes out, I do hope they make it very plain and simple, so that everyone can understand what's happening for a change instead of being kept in the dark as normal!!
Good luck to all
LOTM
AZZ Price at posting:
51.5¢ Sentiment: None Disclosure: Held
