Here's why it might be seen as positive
Protection from Market Speculation:
By requesting a halt, the company can prevent speculation or misinformation from influencing the stock price before the full details of the trial results are disclosed. This suggests that the company wants the market to react to the complete and accurate information rather than rumors.
Significance of the Announcement:
Companies typically request trading halts when they have substantial news that could materially impact their share price. The fact that the halt is related to clinical trial results, which can be pivotal for biotech companies, often leads investors to anticipate significant news—potentially positive if the company expects the results to be favorable.
Confidence in Results:
While not always the case, some investors may view the halt as a sign that the company is confident in the trial results. The expectation could be that the results are substantial enough to warrant a considered release, rather than allowing the information to gradually leak out or be misinterpreted.
- Forums
- ASX - By Stock
- Ann: Trading Halt
Here's why it might be seen as positiveProtection from Market...
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ACW (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
-0.001(2.78%) |
Mkt cap ! $94.93M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.4¢ | $220.0K | 6.153M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 265101 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 175641 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 256101 | 0.035 |
2 | 1352371 | 0.034 |
3 | 710058 | 0.033 |
2 | 216688 | 0.032 |
2 | 612580 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 125641 | 1 |
0.037 | 1217352 | 4 |
0.038 | 433014 | 5 |
0.039 | 962147 | 6 |
0.040 | 293128 | 5 |
Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
Featured News
ACW (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online