Hi Jasper,
Let me clarify my statement.
This stock went from 50c to 10 dollars. Fair enough or is it?. The ASX will usually put a trading halt on stock as soon as they double in value and send a please explain to management. In this case this was not done, I don't know why, partly because the volume traded was not enough to send out the warning signals. Nevertheless, traders pushed this one up to 10 and then dumped, which explains why is went to 7 in a matter of minutes. I hope for all that this one turns out for the best. The news will have to be quite significant for this to stay at the level it was suspended at, otherwise you can expect a big dump on open. I hope for the investors out there that I am wrong, but in my experiences when this occurs 95% of the time it is not good.
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