I would say it is results, given that the halt has been on for nearly an hour. If the results were couriered to them last night or first thing this morning, they would have to call a halt until their statement to the market was ready to be released. Lab results don't come in easily digestible form, and EXM management will need to communicate them to the market in a nice textbite that either creates some hype (good results), or pulls good news from bad (if poor).
I don't know if anyone else noticed the big trades going through late yesterday. Someone(s) were buying in chunks of 1 million each time, at the offer price.
If it is good news, I expect that the run will continue past today, as people try to move with the momentum.
So, if you wanted to get out to realise a profit, you could wait a couple of days, pending results.
boomtrader, page-9
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DSE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.60 |
Change
0.000(0.00%) |
Mkt cap ! $252.9M | |||
| Open | High | Low | Value | Volume |
| $3.59 | $3.60 | $3.52 | $125.3K | 35.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 282 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 19857 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| DSE (ASX) Chart |