SRX 0.00% 17.5¢ sierra rutile holdings limited

trading halt, page-2

  1. 1,200 Posts.
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    Not a clue this time my friend. I cannot see what could have gone wrong bearing in mind the way things are progressing. SRX have been very good at keeping announcements quiet (mostly) so hard to know. It is surely a major announcement as none of the others have attracted a halt that I can remember.

    I would be speculating that they have perhaps secured some form of governement funding for their treatment either here or in the US. Or perhaps they have another new therapy (the thermospheres) ready to roll. New patents etc....and the like have not attracted halts in the past though.

    I would be assuming this is a major revenue related announcement and will go with the government funding as a guess. On the other hand if it is bad news then I'm stumped. Hopefully they haven't had a complication with SIR spheres therapy.

    Cheers,

    Ed.
 
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