I guess that it happened because of pressure imposed by the ASX.
I agree, there is no reason for the company to call a TH based on the receipt of assays only. In fact, doing so would be improper unless there was certainty in the analysis and the analysis was positive.
It was the incessant buying that was the red flag, prompting the expected speeding ticket. The response was reasonable, but it still did not explain why the rabid buying occurred. So, the fairest thing was to impose a TH. Let's see what Monday brings!
RDN Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
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