JPR 0.00% 2.5¢ jupiter energy limited

material operational update - trading halt!!, page-16

  1. 3,935 Posts.
    I'll have a go.

    The employees on the rig and those at the lab analyzing the core samples now have a pretty good idea just how good this well is and the possible affects on the share price.

    So to prevent insider trading the company have done the only responsible thing and stopped trading until everybody can be informed at the same time.

    That leads me to conclude that the news is either very good or very bad since a modest result either way would not alter the market much.

    Since we are close to a producing well in the next door lease, I'm deciding for the very good scenario.
 
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