Agree, but gee, if a coy went into a TH every time they were about to reach TD, on an average half the speccies would be in TH most of the time!
No, something his up, but what I don't understand is why the TH was approved by the ASX. If the news is potentially company making, then why the TH? If the news is a duster, then this TH just locks in everyone to the same failure and the scramble for an exit will be intense! Perhaps the TH is simply because the news may be potentially so significant that the chances of a leak, etc. are too great?
I feel they have got something and are simply "afraid" the news will leak and then they will have to explain to the ASX why the SP rose so quickly, i.e. insider trading, etc.
Sour grapes I know, because I can't take up a modest position now that the TD is near!
MOG Price at posting:
21.5¢ Sentiment: Hold Disclosure: Not Held
