RGT 2.90% 35.5¢ argent biopharma limited

Ann: Trading Halt, page-34

  1. 14,006 Posts.
    lightbulb Created with Sketch. 2383

    Only opened HC up so this may have already been mentioned. Last hour of trade - over 20 million shares changed hands and DP went up roughly 10%.

    That prompted a "trading pause". While I am not into conspiracy theories, I did wonder whether there may have been some leakage in the mother ship about the impending announcement and that they decided to pull the plug on trading to stop things getting out of control.


    If this is the case then I think we can have some optimism about the announcement (which I assume is the receipt of the one million dollar deposit - could be something even bigger perhaps). 20 odd million shares are not traded - and the SP does not rise 10% - on bad news.

 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.