Will the ASX query the 21.26% jump in price on Friday?
They may realise that there is an announcement pending but they should ask SMN if there is anything of which they are aware, that has not been announced to the market, that could account for the jump in price of the share. It is their duty to do so because if they do not they are derelict in their duty.
The answer by SMN could be interesting although I believe the answer would be that they are waiting on F.A.A. approval which has already been announced to the market & that the market has anticipated a favourable response but otherwise they "know nothing".
Alternatively, SMN may have some good news.
SMN - Chart, page-2534
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Last
58.5¢ |
Change
0.010(1.74%) |
Mkt cap ! $80.35M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 59.0¢ | 56.5¢ | $34.62K | 60.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.0¢ | 2178 | 2 |
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| Last trade - 15.48pm 19/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |