Why would there be an RNS release on AIM, it can just trade as normal.
AIM will likely attempt to determine if the RNS, when it is released on the ASX, is good or bad news.
If they think good news, AIM price up. Means when the trading halt is lifted on the ASX potentially the price might gap up.
If they think bad news is coming, AIM price down. Means when the trading halt is lifted on the ASX, potentially the price might gap down.
Or as seems the way, buy the rumour, sell the news. Regardless.
Cheers, just my thoughts.
Why would there be an RNS release on AIM, it can just trade as...
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Last
0.2¢ |
Change
-0.001(25.0%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $343 | 282.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 410 | 1042861154 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 129527507 | 23 |
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| Last trade - 10.00am 19/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |
