RE trading halt. If a company has pending news that may affect the securities price, then by ASX regulations a trading halt should be put in place. So market participants can evaluate the news, in particular pull sell orders etc. Many companies play it fast and loose on the ASX. This particularly hurts the smaller investor who has a day job, and comes home to find out he has been sold out at the low post an intraday announcement. Now to say a large drill intercept at the most south-eastern step out, should not affect the price of IGR is rubbish. Everyone should be pleased that in CC they have a managing director with integrity, because there is a hell of alot of cowboys out there. Just requires patience stock will in all likelihood trade in mid 50s tomorrow. Which will represent a 20% advance in the face of falling world-wide markets, and is therefore news worthy of a halt.
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