i could be wrong but i suspect the asx have queried the outlandish headlines made in todays market release.
similar happened with SAU a month or so ago. if this does eventuate people should be very critical at the asx. if they have an issue regarding a market release they should address those issues with the company prior to letting trading recommence. hitting the company with a request for further info later in the same day is very unfair on traders or investors who have entered the stock based on the first announcement.
in the case of SAU last month the sp fell fairly dramatically upon the resumption of trade because the company appeared to have been forced to hose down a prior claim of ïmminent large gold discovery"...
i think the same is happening here. i dont hold but if i did and it turns out similar to the above i would have considerable angst towards the asx. i did get stung on sau last month.
EPS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held