AXO aurox resources limited

preemptive rumor buster

  1. 3,731 Posts.
    It is pretty rare from any listed company to buster any rumors before hardly anyone heard of it.

    Usual procedures:
    1. Rumors started;
    2. Share price rising sharply;
    3. ASX speed ticket;
    4. Response to ASX's inquiry
    5. Share price pull back.

    I have no idea why a company wastes its time to kill off a piece of news or rumors that at least be positive to share price (Check the SRK's share price pattern).

    Sometimes, you just cannot understand what is going on.
 
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