KBL 0.00% 0.1¢ kbl mining limited

Could be positive news, page-3

  1. 393 Posts.
    lightbulb Created with Sketch. 31
    I like your optimism. I went back over the past 3 years and looked for instances where the company requested a trading halt to determine what follows in an effort to establish a pattern...i know its arbitrary but nevertheless it's entertaining...

    10/11/14 Trading Halt followed by notice that the Capri Loan is being assigned
    16/7/15 Trading Halt followed by $3m share placement
    06/06/16 – Trading Halt followed by Suspension followed by bad news re Road Collapse
    17/06/16 – Trading Halt followed by Cap raising announcement that leads to massive dilution
    2/9/16 Trading halt – Positive or negative news??

    I am going to say that the pattern followed by this company is to announce good news without a trading halt..i.e.trivial stuff like, we poured 60 gold bars, our Pearse North application has now moved to the next guys desk and significant stuff like, we have received a $14.9m cheque from the ATO

    Trading halts are normally followed by bad news...
 
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Currently unlisted public company.

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