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thecone

7,335 Posts.

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06/06/17

20:38

Post #: 25134111
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Originally posted by tradealot ↑

Hi Guys

Regarding the drillling announcement:-

With Keith talking to several shareholders last Friday, could there be some type of asx rule that after the company has given out specific information that then excludes the company from informing the market via an announcement for xx number of days. Otherwise the person receiving the information has an unfair advantage over other holders with the information they receive. The delay between talking to holders and an announcement puts everything on a level playing field again.

It's kind of like the black out period for directors buying / selling, except it applies to information to shareholders. Otherwise Keith, would have made a general comment, that things are progressing well and the company will be updating the market shortly.

Has anyone heard of something like that that may apply. This could be a reason for the delay in the drilling announcement.

Cheers
Tradealot

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Only ever heard of the reverse of that being the case.
But who knows. ..could be .
Just concerned about keiths tardiness with information after the mrd debacle.

Cheers tc

CAD Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $12.39M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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Price($)	Vol.	No.
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0.003	63520313	52
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