I agree with DJBDJB, a $176M contract award should not warrant a Trading Halt. The previous Trading Halt requested prior to a contract Announcement was on 12/12/2016, and that contract was only worth $40m. In the intervening 16 months there have been other contract Announcements above $40M that did not call for the the drama of a Trading Halt, and three of these exceeded $176M (Curragh extension $210, Baralaba $420M and Dalgaranga $340m). What gives?
As an aside, I like these middling-sized contracts – they are less risky, and cause less indigestion. Also, it's good to see contracts from parties other than RIO – customer diversity lessens the risk of relying on a narrow customer base.
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Change
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Mkt cap ! $1.574B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 1466 | $4.09 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.59 | 4388 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 5058 | 2.370 |
4 | 18795 | 2.360 |
4 | 37687 | 2.350 |
1 | 7879 | 2.340 |
3 | 24992 | 2.330 |
Price($) | Vol. | No. |
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2.390 | 11634 | 3 |
2.400 | 71958 | 7 |
2.410 | 16085 | 2 |
2.420 | 19941 | 3 |
2.460 | 816 | 1 |
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