AMI 0.00% 17.0¢ aurelia metals limited

trading halt, page-11

  1. 3,028 Posts.
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    I don't think the recent share action indicates negative news. Most of the trades down were small and once again, this is June period which normally sees lacklustre interest anyway.

    However saying that, the operational nature of the announcement would suggest either, 1. financing and costs (up or down), 2. Plant and machinery (issues , repairs or requirements), 3. staffing changes, 4. contractor or partnerships. Some of those don't require a trading halt.

    That is my take on it at a quick glance, and to be honest, I think a neutral stance is justified at the moment. We know pybar has been adding shares, and they would have a fairly good understanding of the business metrics, so I am limiting my downside expectations.
 
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