I would have to say a trading halt especially over the weekend for a core visual seemed like a bit of overkill to me.
Made me think management were trying a bit of a pump in the absence of news. Now I'm thinking about it differently, the drill was spun close to boundary and I believe in the US the company who makes initial discovery is entitled to follow the resource across lines.
So trading halt and then statement before neighbours have a chance to move.
The whole world can see it and can be referenced back.
It's ours baby.
Great Results but the share price drops, page-16
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Last
15.0¢ |
Change
-0.010(6.25%) |
Mkt cap ! $20.49M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.0¢ | $20.33K | 132.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15450 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1650 | 1 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| IR1 (ASX) Chart |