ynotinvest: I will be super happy to eat my own words!
The ASX Melbourne released the Trading Halt announcement to the public at 6.11pm well after the market had closed . Can't make the connection to the 1am time you mentioned . If the PEPR was approved it looks as though the DEM most probably out of courtesy to REX to make a precautionary Trading Halt until such time as the DEM list the approval on their website. Maybe the DEM have a number of steps to go through before the information becomes public so they gave Rex a head start . This was done after the market had closed so any fall in the share price during trading hours was a mere coincident and could not be attributed to the Trading Halt. I am sure the DEM would know the sensitivity of the information and the possibility of leaking and I am sure that out of common courtesy the applicant of the PEPR , Rex would be the first one to get the news. So I still believe the Trading Halt in relation to the Hillside Mine Project is about the approval so all you long term holders maybe we can still celebrate soon .
Ps : A cashed up joint Venture partner has been found by Rex would also be good news.
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