ASX issued a price query for FMS, and since a rise in share price from 6.7c to 7.5c is unremarkable, the real purpose of the query was a fishing trip by ASX to investigate if anything was known about the impending JORC release.
Now things get weird.
FMS posted the ASX response on the standard 'trading halt request-announcement pending' form at 13:40(released at 14:19). Thats when we all fell of our chairs in sweats. This was the incorrect form and form was updated at 13:52(released at 14:31) to 'trading halt- response to a query'
Trading resumed to normal after ASX query response was made public at 15:13. SP quickly went from 7.5c to close at 9.2c on what essentially was a false alarm.
Thats the trading halt that wasnt
what happened today???, page-2
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75.0¢ |
Change
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Mkt cap ! $149.8M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 76.0¢ | 75.0¢ | $7.462K | 9.894K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7035 | 74.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 12268 | 1 |
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