NWE 0.00% 5.6¢ norwest energy nl

Ann: Trading Halt, page-48

  1. 8,530 Posts.
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    You say: Even though today's Trading Halt announcement was issued on a Norwest Energy letterhead we can be pretty sure it was drafted at MinRes HQ.

    You may well be right, but there is another scenario. Suppose gas was found last night, and Minions of the NWE BOD were told to say nothing.

    They might quite rightly see their careers at risk so far as ASIC goes, and disobey.

    This assumes, of course, that the trading halt is because gas has been found.
 
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