Richard has told the ASX they are waiting for it, are you saying he could be lying and there is no valuation report being commissioned at all.
I doubt they would mislead the ASX cause I am sure there would be serious ramifications if it was a blatant lie
no I doubt very much this is a lie,
he has told the ASX it is coming, it will come,
just a matter of when , it could lob in their inbox right now
many are spooked by the sell down, it is more than likely daytraders buying on credit hoping the valuation comes on time, they make a good profit and move on, it didn't meet their credit timeline and are now being burnt
probably some are taking new positions and chances today. they are hoping it meets their new timeline, it could be some today who got burnt yesterday
the lower price means a higher gap up if the report comes in good.
seen it all before with a host of other stocks,
anyway must go and do some work
GCN Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held