Sounds more like stall tactics!
The share price has run hard on anticipated news by a certain time.... And one can only assume they don’t have the news to give!
Pretty clearly written, they still need to “complete” analysis!!
I’d be more suspecting the initial results didn’t match the market sentiment and they’ve gone back for more analysis/testing etc to get the results they want.
Doesn’t mean the news won’t be positive though.
But this isn’t avoiding a “red” day!
Ann: Trading Halt, page-39
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