RED 11.6% 32.3¢ red 5 limited

Interesting piece of information Plough. In my opinion the Red...

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    Interesting piece of information Plough. In my opinion the Red amplified the sell down by calling a trading halt. The market was already nervously watching the restart up. Another contributing factor was PPP had a stop loss triggered by the initial fall. Dr Spok might be able to shed more light on the protocol, but IMO it may have been more prudent to simply release an operations update. While the movement has had some impact on operations, IMO it will not have any material effect on cash flow so the trading halt tag was a cautious overreaction.
 
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Last trade - 14.58pm 29/08/2024 (20 minute delay) ?
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