AJX 0.00% 1.1¢ alexium international group limited

Ann: Trading Halt, page-29

  1. 3,437 Posts.
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    I'm speculating, but i'm not sure about this.... A TH from what what i've seen tends to get put in place because some material information is now available that if released (leaked) prior to an announcement would be price sensitive. So knowledge of a BIG single contract about to be signed etc would constitute a halt until every thing is lined up for an announcement. For a halt to be related to multiple smaller contracts (which is still good btw) you're assuming that each of those smaller contracts is by coincidence at a similar stage, ie not finalised for release, but nonetheless requiring a halt. Anything's possible but my money would be on a single contract.

    As of Friday i'm pretty much all in with AJX, it breaks every rule I know of but this is very special, I never felt worried carrying so many over the weekend and looks like it's going to pay of for many in the next 48 hours.
 
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