EXT 0.00% 0.9¢ excite technology services ltd

unbelievable run, page-5

  1. 3,704 Posts.
    Badluck I think you mean AUM (Australian Mining) who became CDU.

    That run was from something like 20 or 30 cents to $10 as an intraday high. It closed at $7 when trading was suspended.

    That was based on drill results which the company interpreted in a "generous" fashion and were later forced to re-word more in keeping with JORC guidelines.

    I think you will find that EXT have not been asked to reword any announcements and in fact have always taken a conservative approach in interpreting and reporting results.

    I think it is not a valid comparison.
 
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