zzedzz There is a loophole apparently on a generalised basis for all companies that allows bad news to be delayed for as long as the company deems fit.
Examples are of
ALL,LUM,VCR,QTM and many others.
I guess to offset this listing rule they naturally called a trading halt - which was the proper thing to do - but if they sell escrowed shares immediatley following an annoucement it is perfectly ok - but all credibility with shareholders that are smart and guage management credibility as a direct correclation with running a successful business. The shareprice could fall up to 30% and then enter a new downtrend.
But its all just theroies at the moment - there hasnt been much information come out yet so lets see if we call it right or wrong.
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EPE
enterprise energy limited
zzedzz There is a loophole apparently on a generalised basis for...
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