People just don't like trading halts when there is no reason for them. This was just a run of the mill announcement, hardly even price sensitive. For some reason CDU love trading halts. They must hold some sort of record at the ASX with their constant halts. All they do is stop people from trading so when they finally come out of halt, the pent up selling is finally released, regardless of the announcement. I wonder if the comapny will ever wake up...just release the news when it is available. Not all announcements need trading halts. They really are an odd bunch at CDU.
CDU Price at posting:
$3.42 Sentiment: Hold Disclosure: Held