You could be right manny - certainly a halt while the share price is being hammed suggests bad news, but I don't think it is correct to assume that trading halt = bad news. If I was on that board watching the SP get hammered on Mon / Tue when I knew there was some positive news (eg nameplate capacity, growing order book), I'd be telling Aaron to put it out in the market or if he couldn't do that immediately, to seek a halt and get it out ASAP. The continuous disclosure obligations on the board apply to the disclosure of good and bad news. The trading halt is simply a tool to buy management some time. Not closed minded about bad news, but I struggle to see what it could be given the disclosure in the half yearly pressy. The suggestions in your earlier post: "Of course they will be booking a big loss, retrenching staff, write downs etc the usual story." did not make much sense to me in the context of what has already. Even released to the market,
- Forums
- ASX - By Stock
- MCE
- nameplate capacity????
nameplate capacity????, page-22
-
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MCE (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $72.45M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 22.0¢ | $55.45K | 242.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 113179 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 28075 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14995 | 0.290 |
1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 15000 | 0.270 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 3031 | 1 |
0.340 | 3649 | 1 |
0.345 | 12762 | 1 |
0.350 | 98847 | 3 |
0.360 | 30000 | 1 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
MCE (ASX) Chart |