I also agree that the chances of this being a downgrade are >95%.
In my time in markets, I have never seen a trading halt for an earnings upgrade.
You probably also need to consider about why they would possibly require a trading half to present good news to market.
Going into a trading half for an earnings downgrade makes more sense. It gives them time to come up with an excuse or potentially shift the narrative to blame another party.
Regarding a possible downgrade, I would guess that it will be blamed on the manufacturers of Step One product, most of which are namely in China. [Assumedly the reader of this post would know the current situation with many major cities in China being in total lockdown].
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Last
66.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $123.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 68.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 73 | 1 |
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| Last trade - 09.30am 16/06/2025 (20 minute delay) ? |
| STP (ASX) Chart |
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