This Trading Halt is beyond embarrassing for the Chairman (Williams) and the ASX.
We are talking about August sales figures, which they've had for weeks.
What information did they not have at 9am, that they suddenly received at midday?
If they were waiting on Board approval, or something similar, how was it not received over the weekend?
If they've had the sales figures for weeks, why couldn't it just wait till tomorrow if they were still waiting on sign off?
No Trading Halt was needed. I didn't think ASX allowed these promotional tactics anymore!!
The Chairman is just using it as a tactic to generate market attention and put pressure on shorters.
It also suggests the CEO is quite weak in preventing these shenanigans, which is a major concern.
Williams record isn't what it once was, with both MVP and RMY both strugglers these days.
The sales speak for themselves, but I have big questions on the leadership here.
This Trading Halt is beyond embarrassing for the Chairman...
Add PNV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.38 |
Change
-0.015(0.63%) |
Mkt cap ! $1.640B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.41 | $2.35 | $548.5K | 231.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 9087 | $2.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 23274 | 12 |
View Market Depth
| Last trade - 12.38pm 14/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |