I'm cross, maybe irrationally, but when a company says they are going to report on 27th, you do expect it and trade according to expectations.
It may be not an important issue to management, clerical issues, i's not quite dotted and t's not quite crossed etc etc., but when they say they are going to do something, shareholders expect just that - nothing more, nothing less. Then you start getting worried if it doesn't happen.
Unfortunately, no, maybe realistically, traders operate on sentiment, and it was in a droopy mood at the end of the day.
TCN Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held