Sorry if this has already been posted, but is anyone else curious as to why PLS would announce the outcome of the POSCO JV at the same time as the outcome of the next BMX auction?
The BMX results are amazing and I'm expecting tomorrows auction to be the same. As such, why would you combine this news with the potential 'good' news regarding the POSCO JV?We know that PLS, like every other company, carefully releases news in order to manage the stock price (along with reporting requirements). So if the POSCO news is good, why not capitalise on the bmx news and release or organise it for different weeks?
This timing has been cautious.
Am I missing something?
Ann: Trading Halt, page-89
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