ERN erongo energy limited

One question about the trading halt and I might get slaughtered...

  1. 87 Posts.
    One question about the trading halt and I might get slaughtered for this but anyway I'll ask.

    Why put a trading halt on if they know the news will be well received? Why not let the rumours run and the Sp take off. If the news is good the SP will remain higher if not it will drop back, maybe worse than before the release.

    Last time they had a trading halt and released news the SP dropped after they started trading again even though the news was positive.

    Just interested to know people's thoughts.
 
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