KAL 9.09% 2.4¢ kalgoorlie gold mining limited

will we see an announcement after close, page-11

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    hutchley, re...
    "If KAL have drilling results in hand they cannot sit on them for this period of time - they have to release to market in my undertanding. a TH that goes down to the line usually = cap raising."

    I don't think this is correct. When a co is in a trading halt, they can announce the results in their own time up to the usual 3 day hold, or when they advise the market the shares will trade again.

    Often companies put a TH out so they ensure no leaks, or when the results are coming but just want to stabilise things whilst they are being prepared to announce.

    I am happy to be corrected, but would this be other people's understanding as well?

    I am not saying the results will 100% be good or bad. I know as much as the next guy, but they stated assays due now, so who knows what else they will announce with it
 
watchlist Created with Sketch. Add KAL (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.002(9.09%)
Mkt cap ! $3.804M
Open High Low Value Volume
2.3¢ 2.4¢ 2.3¢ $7.351K 310.9K

Buyers (Bids)

No. Vol. Price($)
1 214487 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 50000 1
View Market Depth
Last trade - 15.19pm 07/08/2024 (20 minute delay) ?
KAL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.