Paradoxically, the faster this tanks on aberrant high volume and the longer the company does not clarify outstanding news in the face of this...... if the management team are above board and keeping the market fully informed... the better the odds are (IMO) of reasonable wireline results. Because they would not be sitting on bad news and hence have no reason to make a clarification or seek a trading halt.
Of course if there is bad news coming and management are aware and are not keeping the market informed, it is going to get really ugly. I have not formed a clear opinion of management so do not know what to expect.
Old school thinking says: 'give management the benefit of the doubt and trust in ASX & ASIC oversight',
But contemporary experience and history of the constant insider trading and p&d's on the ASX now that the G20 are effectively run by globalist LegislativeCrimeSyndicates using command economics, says : 'it is tanking for a reason, and news is likely being held back to allow certain important shareholders time to clear stock'.
Lets's just hope it is option 1 or I am going to get even more jaded.
OMA Price at posting:
23.5¢ Sentiment: None Disclosure: Held
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